If you have children or plan to have children in the future, you are aware that costs of education are expensive and continue to increase. Many people save for higher educational expenses by utilizing a custodial account or even a trust. Another great option for saving for your child or … [Read more...] about 529 PLANS AND WHAT YOU SHOULD KNOW
The continuing COVID-19 pandemic continues to lead the US and the world in changes to everything in daily life. In response, Congress and state legislatures rushed to pass bills to ease the difficulties caused by the shutdown of so many businesses that left many people in a lurch. To help … [Read more...] about Pandemic Tax Law Changes
Have you been named the executor of someone’s will and/or estate? It may seem like an easy task, but it isn’t. An executor is a person who finishes up the details of someone’s life when they pass on. An executor is more than just a ceremonial role. If you’ve been named as the executor of … [Read more...] about What Duties Are Required if You Are The Executor of an Estate in Glenview, IL?
Many people believe that if they have a will, they’ve got everything covered. However, that’s not always the case. For the family left behind, the more estate documentation you can leave them, the better. Specify your desires on the distribution of your assets when you pass will help your family … [Read more...] about Important Documents In Chicago Estate Planning?
After you’ve written and signed your will, and completed other parts of your estate plan, you probably think you’ve done what you need to do. Unfortunately, that’s not always true. The death of a loved one is an emotional time for a family. Fights among relatives and other beneficiaries are not … [Read more...] about How to Avoid Challenges to Your Will in Chicago, IL