Blog

How Simple Wills Can Lead to Contested Estates
Contested Estates in Chicago
Posted January 20, 2021

For most of us, choosing the simpler route is usually preferable to engaging in a time-consuming or complex process. However, this does not always translate to the estate planning process, where planning a simple estate may be easier in the short-term but cause more problems later. To learn more about the ins and outs of […]

Read More
Proper Estate Planning to Pass Assets Tax Free
Chicago Estate Planning
Posted January 06, 2021

While taxes may be the last thing on your mind when planning your estate, the reality is the repercussions of certain bequests can have significant tax-related repercussions down the road. One of the best ways to avoid a surprise come tax time is to speak with Alan G. Orlowsky, an experienced Chicago estate planning lawyer […]

Read More
Removing an Executor from an Estate
Executor of an Estate
Posted December 23, 2020

When a person passes away with a will in place, his/her assets will be distributed according to that estate plan. However, administering these bequests does require the help of an executor, who is also usually named in the will. While these individuals owe a fiduciary duty to the beneficiaries of the estate they administer, an […]

Read More
Accounting Income Taxes in Your Estate Plan
Chicago Estate Planning
Posted December 09, 2020

The estate planning process is complex. It involves more than just deciding which heirs or beneficiaries will receive a person’s assets. Testators will need to grapple with complicated tax-related issues when planning their estates, including how to save their loved one’s from paying excessive income and transfer taxes upon inheritance. While this was often more […]

Read More