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?
One consideration in any will and/or estate plan is the type of taxes your beneficiaries could potentially face when the time comes. Will they forfeit their inheritance or at least some of it? Will they face taxes that exceed what they receive, or significantly impact their yearly income? It’s … [Read more...] about Inheritance Tax And An Estate Tax In Glenview, IL?
Do you want to make sure that your favorite charity or charities are provided for after you’re gone as well as reduce the tax burden on your estate? Would you like the opportunity to earn revenue from an asset without selling it? There is an answer. The Charitable Trust These are also … [Read more...] about Charitable Trust Distribution Requirements in Illinois?
When constructing your estate plan, it’s important to consider the variables that can happen and discuss them with your estate planning attorney. Once you’re gone, you can’t go back and change anything, especially in your will. During the course of the probate process, your will could be … [Read more...] about What Does The Term “Probate Caveat” Mean And What Is It For?