What are the Parts of a Complete Estate Plan?

June 17, 2020

Though most people who contract COVID-19 experience mild symptoms, it doesn’t hurt to be prepared if you do need to be hospitalized. It can feel scary thinking about getting sick or not being able to make decisions for yourself, but an estate plan is meant to ease your fears. After all, wouldn’t you feel better knowing that the burden of making health and financial decisions will never fall on unprepared family members?

Can You Help Protect Your Kids From Themselves?

June 10, 2020

What steps can be put into place to ensure an adult child, who makes poor decisions, will be secure after the death of the parent?

Do You Know the Difference Between Revocable and Irrevocable Trusts?

June 9, 2020

Before taking a closer look at revocable and irrevocable trusts, it helps to know what a trust is. In simple terms, it’s a legal agreement that allows you to transfer assets to the ownership of a trustee.

What Is an Advance Directive, and Why You Need This Document?

June 5, 2020

What should you do to plan for an emergency where you were incapacitated and not able to make your own healthcare decisions?

What Do I Do If I’m Named As Someone’s Financial Power of Attorney?

June 4, 2020

Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.

How Do I Start My Estate Plan?

May 28, 2020

Estate planning design and implementation is not only complex but can be highly emotional. Therefore, it’s important to have a basic understanding of the estate planning process, before approaching a professional.

What Can I Do to Plan for Incapacity?

May 27, 2020

As part of your financial and estate planning, you should make arrangements for your care, in case you become incapacitated.

How Do I Manage Finances After a Death in the Family

May 26, 2020

When a member of your family dies, you could be left to pick up the financial pieces. Finding all the information you need can be challenging.

Estate Planning Myths vs. What Really Happens When Someone Dies

May 22, 2020

We all operate under some misconceptions about how property is handled when somebody dies. Educate yourself about some of the most common myths.

What if Your Agent Abuses the Power of Attorney?

May 21, 2020

Under Illinois law, an individual holding a power of attorney is a fiduciary as a matter of law. The person designated as a power of attorney agent owes a fiduciary duty to the principal—the person making the designation. If your agent abuses the power of attorney, he or she may be subject to civil or even criminal penalties.

What are the Parts of a Complete Estate Plan?

Can You Help Protect Your Kids From Themselves?

Do You Know the Difference Between Revocable and Irrevocable Trusts?

What Is an Advance Directive, and Why You Need This Document?

What Do I Do If I’m Named As Someone’s Financial Power of Attorney?

How Do I Start My Estate Plan?

What Can I Do to Plan for Incapacity?

Estate Planning Myths vs. What Really Happens When Someone Dies

What if Your Agent Abuses the Power of Attorney?

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