When it comes to making final decisions for what to do with your estate, many people want to leave behind an impact on the world. Finding a way to donate assets to your favorite charity, cause, or institution is one way that many people choose to give back. Here are some of the things to know about … [Read more...] about Common Choices for Chicago Gift Planning
Healthcare Directives—What’s Recommended
When you visit your doctor, you have the opportunity to make informed choices about your healthcare. Whether it’s a prescription to treat high blood pressure or hypertension or something more serious like cancer, you’ll discuss these things with your healthcare provider before beginning or changing … [Read more...] about Healthcare Directives—What’s Recommended
Estate Planning And The Gift Tax In 2020—What You Should Know
Because the world is still in flux with the lingering effects of the pandemic, estate planning may not be a the top of your list. However, current events make it the best time to pay attention to the so-called “gift tax” so you can take advantage while the maximum limits have been more than … [Read more...] about Estate Planning And The Gift Tax In 2020—What You Should Know
What Is A Codicil To A Will And When Is It Used In Chicago, IL?
A will is one part of an overall estate plan, designed to make sure your wishes are respected and your family is protected. But creating a will isn’t the end of it—estate planning is a regularly updated process where you and your attorney work to include everything. Scenario 1: you’ve written … [Read more...] about What Is A Codicil To A Will And When Is It Used In Chicago, IL?
The Value Of Life Insurance In Illinois Estate Planning
Most people think of life insurance as just a payout after someone dies. It can be, but life insurance can also be an integral part of your estate plan as well. Of course, a life insurance policy can offer loved ones some financial stability after death, but you can also maximize the value of a … [Read more...] about The Value Of Life Insurance In Illinois Estate Planning
