Marriage and divorce are significant life events that can profoundly impact your will and estate in Chicago. Understanding how these legal changes can influence the distribution of your assets and the execution of your final wishes is important. Whether you are entering into a marriage or going … [Read more...] about How Marriage and Divorce Affect Your Will and Estate in Chicago
Trust 101: A Basic Guide for Chicago Residents
A trust is a legal means to manage your estate or pass on wealth of any size or amount. Whether you are a millionaire or not, you can establish a trust to see that your assets are managed in a way that you want, even if you are not able to manage them yourself. Take the first step in making sure … [Read more...] about Trust 101: A Basic Guide for Chicago Residents
Legal Choices for Elder Care in Chicago
Planning for your future and ensuring that your wishes are honored can be a complex process, but with the right resources and guidance, you can feel confident in your decisions. When it comes to elder care, estate planning is a crucial component. By taking the time to understand and address your … [Read more...] about Legal Choices for Elder Care in Chicago
Using Charitable Trusts in Your Estate Plan
A charitable trust can be an effective part of your estate plan if you set it up and use it correctly. At a certain level of wealth, high-wealth individuals should set up a system to manage their assets and reduce their tax liability. This is usually what a charitable trust is used for in estate … [Read more...] about Using Charitable Trusts in Your Estate Plan
Planning for Guardianship and Conservatorship in Chicago
One of the biggest problems that you’ll face when planning your estate is what to do with assets and dependents when you die. Assets are easier to deal with since they can easily be transferred to other owners. But what happens when you have children that need caring for and want your assets to go … [Read more...] about Planning for Guardianship and Conservatorship in Chicago
