It’s a question not many people consider when setting up a healthcare directive: what if that worst-case scenario doesn’t happen in Illinois? Why You Should Have It Briefly, a healthcare directive speaks for you when you can’t speak for yourself. You choose what you do and do not want in the … [Read more...]
Important Details To Consider In Funding Your Living Trust
Establishing a living trust is a suitable instrument to protect yourself in case of illness, mental incapacity, and avoiding the probate process at death. You’ll transfer property into the trust and name yourself as trustee, in order keep control of it. Once your living trust has been … [Read more...]
Higher Education Tax Provisions You Should Consider In Glenview, IL
Many people become concerned when it comes time to send a child to college. Students can fill out the Free Application for Federal Student Aid (FAFSA®) to apply for student aid, but it may not be enough. They may even be turned down for student aid. In either case, they may not be able to go to … [Read more...]
What Are The Different Kinds Of Wills Available In Illinois?
If you’re just beginning your estate planning, you’re probably thinking that you should start with a will. Without it, the state will take care of your affairs, and probably not in the way you might have wanted. This is especially true if your children are minors, and they could end up with … [Read more...]
What Does The Term “Probate Caveat” Mean And What Is It For?
When constructing your estate plan, it’s important to consider the variables that can happen and discuss them with your estate planning attorney. Once you’re gone, you can’t go back and change anything, especially in your will. During the course of the probate process, your will could be … [Read more...]