With nonprofits now in the midst of their year-end fundraising campaigns, make sure you don’t forget about two important planned gifts that can make a big tax difference for donors. Gifts of appreciated securities – a donor can give you appreciated securities they have owned for one year or … [Read more...]
Setting Up a Power of Attorney in Illinois
The Power of Attorney is one of the more important estate planning tools that you can have. Through this legal document, you'll appoint a person, typically a close relative, to help handle your affairs or take care of what you're not able to do (when you're not able to do it). Generally, a power of … [Read more...]
5 Ways an Illinois Estate Planning Attorney Can Help
Estate planning is a fundamental endeavor that most people should consider, whether or not the plan involves a huge estate and complex finances and needs. Some estate plans can be as simple as a last will and testament and power of attorney. Either way, having a Chicago IL estate planning attorney, … [Read more...]
Why Use an Estate Planning Attorney For Wills and Trusts
As a short, general definition, estate planning is the process of choosing among alternatives to ensure greater financial security during your life so that you can provide for your heirs upon your death. Typically, some of the alternatives include last wills, living trusts, health care directives, … [Read more...]
How to Avoid Probate When Creating Your Will
Probate is the process where a last will and testament is proved in courts and accepted as a valid public document. Unfortunately, following your death (or your loved one's death), when your will is put into action, you may have to give a portion of your estate to the government to cover the probate … [Read more...]