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
Many people believe that trusts are only for very wealthy people, in part because of the term “Trust Fund Baby.” But actually, a trust can be a useful estate-planning tool for lots of people. To know if a trust should be part of your plan and if so, what type, you will want to discuss this with your … [Read more...] about Things To Know About Trusts
Creating a will alone or as part of a larger estate plan can seem a big deal. But it is a fundamental task that without it, any wishes about how you want your assets to be distributed will not be known. If you die without a will, then the state will distribute your assets through the probate court … [Read more...] about Things To Know About Wills
A power of attorney is a legal document that grants another person the authority to act on a person's behalf in financial matters, medical decisions, and other matters. It is a powerful document that can be used in a variety of ways to give someone else the authority to handle your affairs when you … [Read more...] about What is the Power in a Power of Attorney?
As adults, most of us do not always think about our own estate planning than we should. With this in mind, helping aging parents with estate planning is important to your parents and also to you. Your aging parents will one day need your help, and things will go better if there are certain tools in … [Read more...] about Helping Aging Parents With Estate Planning