Category: Estate Planning Lawyer

How Contested Wills Destroy Families
contested wills
Posted November 06, 2023

The vast majority of wills go through probate without significant problems. But sometimes, there is an issue with how assets are distributed or other will provisions. If this happens, there is a contested will, which can devastate the family. Thus, it is best to conduct comprehensive estate planning that minimizes the possibility of a contested […]

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How Do I Find The Best Trust Attorney Near Me?
trust attorney
Posted October 03, 2023

Knowing who to rely on when you face essential legal and financial decisions is vital. Federal and state laws change often, and relying on the Internet for advice is risky. Fortunately, if you need help with estate planning and trusts, you can depend on our Buffalo Grove estate planning attorney at Orlowsky & Wilson to […]

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Ways To Lessen Estate Taxes With Proper Planning
estate planning
Posted July 10, 2023

Estate planning is vital to ensure your legacy and anyone with assets should develop a comprehensive estate plan. Carefully working out the details of your estate plan with an attorney can ensure that your family inherits your property and money according to your wishes with the least taxes and other costs. If you need help […]

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Is There Any Way To Avoid The Gift Tax In Illinois?
gift tax
Posted May 02, 2023

As you do your estate planning, you might have heard about the gift tax and how to avoid it. This article details how to avoid the gift tax in Illinois (there is no state gift tax, but there is a federal gift tax that applies in some situations – see below). If you have questions […]

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Why Contested Estates Should Never Happen
ORLOWSKY 2 Why Contested Estates Should Never Happen APRIL 2023
Posted April 17, 2023

One of the most critical goals of an estate plan is to avoid disagreements among beneficiaries about who gets what. Proper estate planning also minimizes the chances there will be a contested estate. Learn more about this critical topic below, then speak to our Lake County estate planning lawyers at Orlowsky & Wilson for legal […]

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How Contested Estates Cost Families More Than Money
contested estate
Posted December 05, 2022

Not everyone does comprehensive estate planning to avoid contested estates with a Lincolnshire estate planning lawyer. That can cause someone to contest the estate. Some of those issues are about money and property and cause family discord. Learn about contested estates below and how to avoid these problems. Have questions about your estate? Talk to […]

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What are the Benefits of Having Someone Declared Financially Incompetent?
estate planning
Posted August 16, 2022

It often happens that a loved one gets injured, or sick. As we get older, many diseases can affect us, and our ability to handle the affairs of our daily lives and those diseases can get progressively worse as people age. You may reach the point where you just do not think that your elderly […]

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Are Reverse Mortgages Good Estate Planning Tools?
reverse mortgage
Posted July 11, 2022

You may hear the advertisements on TV: “Get a reverse mortgage!” Reverse mortgages can help you, especially if you are older. But what are reverse mortgages, and can they be used in or do they have any role in estate planning? How Reverse Mortgages Work Normally, when you have a mortgage, you pay the mortgage. […]

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What is the Difference Between an Inheritance Tax and an Estate Tax?
estate tax
Posted June 15, 2022

To many people, estate taxes and inheritance taxes have something to do with someone passing away, but beyond that, the terms seem to be used interchangeably. There is, however, a difference between these two terms, that can be an important part of your estate planning strategies. What is an Estate Tax? An estate tax, as […]

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What to do When You are Left Out of a Will
will
Posted June 13, 2022

There are a lot of reasons why we may expect to be included in someone’s will. But being family or a close friend to the deceased is no guarantee. With the right estate planning tools, anybody can be “disinherited” to some degree. That can leave you left with nothing, even if you expected to be […]

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