Our Estate Planning Blog
Priscilla Presley’s fight to remain trustee of Lisa Marie Presley’s trust can teach anyone a few lessons on proper estate planning.
The primary benefits of revocable trusts only are available if a revocable trust is FUNDED during life. Unfortunately, experienced estate planning attorneys often have clients who delay the funding of their revocable trusts until it is too late and miss many of the benefits that these trusts provide. Meeting with a qualified Naperville estate planning attorney can help.
How this is handled now depends on the plans the deceased made when they were alive. For some people, that might mean probate.
While many people think that estate planning is only for the wealthy, experts say that’s not the case.
It is particularly important to consider a special needs trust when planning for beneficiaries with disabilities.
An opportunity for college students to sign healthcare directives which will allow their parents to obtain critical information in an emergency. I will have all
How does step-up basis impact capital gains tax impact an inheritance?
People tend to think of ‘529’ education-savings plans as an excellent way to save and invest tax-free for college or schooling costs, and they are.
If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
What happens if you don’t have any family to be personal representative? Other than a family member, who can be personal representative?
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