Providing for your children, grandchildren or other young relative’s education is another way to provide for your family after you’re gone, as well as create another trust for your estate plan. These trusts aren’t traditional trust funds, but a 529 college savings plan to be used for educational … [Read more...] about What Happens If The Beneficiary Of An Educational Trust Doesn’t Go To College?
What Information Do You Need To Begin Forming An Estate Plan?
The first step of forming your estate plan involves one thing: getting started. You may be avoiding it because you feel overwhelmed. But like any big project, you have to start somewhere. In the end, you’ll have a thorough, complete estate plan that will protect your interests, follow your wishes, … [Read more...] about What Information Do You Need To Begin Forming An Estate Plan?
Does Your College Student Have a Financial and Healthcare Power of Attorney?
Do you have a child or grandchild going off to college this fall? If so, you should make sure they have a healthcare power and financial power of attorney signed before leaving for school. If he or she is not already, during their freshman year, your college student will likely turn … [Read more...] about Does Your College Student Have a Financial and Healthcare Power of Attorney?
Appointing A Guardian For An Incapacitated Loved One In Glenview, IL
The ability to care for one’s self is something most people take for granted, until they’re no longer able to do so. Some may not realize they need help, or do and don’t ask for it. You may have a relative who is getting on in years and doesn’t realize they’re in need of assistance. They may … [Read more...] about Appointing A Guardian For An Incapacitated Loved One In Glenview, IL
Reasons to Amend a Living Trust in Glenview, IL
During the course of your estate planning, setting up a living trust (or two) may be an integral part of your overall plan. It’s a relatively safe, easy way to cover asset distribution without the time and expense of probate court for your family and beneficiaries. Plus, you keep your property while … [Read more...] about Reasons to Amend a Living Trust in Glenview, IL
