What is the difference between probate and estate planning? Probate and estate planning involves different legal processes with different purposes. Probate distributes assets through court oversight after death. Estate planning allows you to decide what happens to your assets during life and after … [Read more...] about What is the Difference Between Probate and Estate Planning?
Setting Up a Charitable Remainder Trust for Long-Term Giving
A charitable remainder trust allows you to support causes you value while preserving financial stability. This type of trust lets you contribute property, receive income for a set period, and transfer the remainder to a charity. It aligns well with a long-term estate plan and provides tax benefits … [Read more...] about Setting Up a Charitable Remainder Trust for Long-Term Giving
How Do You Avoid Probate in Illinois?
Probate drags out estate matters and drains resources. You face court delays, extra fees, and stress. How do you avoid probate in Illinois? By planning your estate early, according with Illinois probate laws. We help you take steps to keep your assets in your hands and out of probate court. What … [Read more...] about How Do You Avoid Probate in Illinois?
Are GRATs Still a Smart Estate Planning Tool in 2025?
GRATs allow you to reduce estate taxes while protecting long-term wealth. We structure these trusts to shift appreciation away from your taxable estate and pass assets to your heirs under favorable terms. Recent rule changes and tax rate shifts demand a closer look at how these trusts now function … [Read more...] about Are GRATs Still a Smart Estate Planning Tool in 2025?
How to Avoid Estate Tax in Illinois
Managing your estate protects your financial future and preserves your family's inheritance. Estate taxes reduce the value of your estate in Illinois and limit what your heirs receive. We explain how to avoid the estate tax in Illinois through strategies that align with your wishes and financial … [Read more...] about How to Avoid Estate Tax in Illinois
