No matter what age you are, there may come a time when you are unable to make your own decisions about your healthcare. This is particularly true when you are in an emergency situation, such as a car accident or other unexpected situation where you are at the mercy of another person’s … [Read more...]
What Happens If The Beneficiary Of An Educational Trust Doesn’t Go To College?
Providing for your children, grandchildren or other young relative’s education is another way to provide for your family after you’re gone, as well as create another trust for your estate plan. These trusts aren’t traditional trust funds, but a 529 college savings plan to be used for educational … [Read more...]
What Information Do You Need To Begin Forming An Estate Plan?
The first step of forming your estate plan involves one thing: getting started. You may be avoiding it because you feel overwhelmed. But like any big project, you have to start somewhere. In the end, you’ll have a thorough, complete estate plan that will protect your interests, follow your wishes, … [Read more...]
Does your college student have a property and medical power of attorney?
Do you have a child or grandchild going off to college this fall? If so, you should make sure they have a healthcare power and financial power of attorney signed before leaving for school. During his or her freshman year, your college student will likely turn eighteen years old and be an adult in … [Read more...]
Appointing A Guardian For An Incapacitated Loved One In Glenview, IL
The ability to care for one’s self is something most people take for granted, until they’re no longer able to do so. Some may not realize they need help, or do and don’t ask for it. You may have a relative who is getting on in years and doesn’t realize they’re in need of assistance. They may … [Read more...]