Trust is part of a comprehensive estate plan that contains several documents that spell out exactly what a person wants in the event of their incapacity or at their death. A will and a series of powers of attorney that address financial, healthcare, and other life aspects are generally also … [Read more...] about Who Can Create A Trust?
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
Review Illinois Estate Plans When New Presidents Take Office.
A new president brings plenty of new ideas, plans, and potential changes to existing laws that govern nearly every aspect of everyday life. While many things are said during campaigns, it’s what they do after Inauguration Day that actually counts. One rule of thumb is that when a candidate tells … [Read more...] about Review Illinois Estate Plans When New Presidents Take Office.
Events In Your Life That Warrant Reviewing Your Estate Plan
If you’ve finally completed your estate plan, you may be feeling a sense of accomplishment. You’ve put your wishes in writing, and you’ve made sure your spouse, children, grandchildren, or other relatives have been taken care of. They will receive the money, property or other things you intended … [Read more...] about Events In Your Life That Warrant Reviewing Your Estate Plan
What Does The Term “Probate Caveat” Mean And What Is It For?
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?