Tag: Estate Planning

Estate planning is a term that often conjures images of affluent individuals, vast fortunes, and complex financial structures. However, the reality is that estate planning isn’t just reserved for the wealthy. In Illinois, estate planning is vital for people of all income levels. This guide will help you understand why estate planning is relevant and […]

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 […]

Estate planning is essential to ensure that your family inherits what you own and it is not lost to excessive state and federal estate taxes. Learn below about how to plan your estate to reduce state and federal taxes, then our Illinois estate tax attorney is available if you have questions. Illinois Estate Tax Not […]

When you hear ‘estate planning,’ you may think that it is only for older Americans to pass their assets onto their families when they die. However, estate planning has many purposes: protecting families, saving on taxes, securing quality healthcare, and more. Learn about effective estate planning in this article, and if you have questions about […]

If you want to donate to charity or reduce your estate taxes in Illinois, charitable giving is a vital estate planning and financial tool to understand. Learn about charitable giving and reducing estate taxes below, then speak to our estate planning attorneys in Illinois for assistance. Charitable Giving For Reducing Estate Taxes Many estate planning […]

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 […]

If you are unhappy with a beneficiary designation in an Illinois will, you can contest it, but you must have standing, which means you have something to gain when the case is decided. Learn how to contest a beneficiary designation below, then talk to our Illinois estate planning attorneys for assistance. How To Contest A […]

Most people are familiar with the estate tax at that federal level, but did you know Illinois has its own estate tax? Illinois is one of the few states to have this tax, and you should retain Lake County estate planning attorneys to understand the implications of the inheritance tax. In addition, our attorneys at […]

When doing estate planning, it is essential to do so carefully so that your money goes to the people you intend. Unfortunately, if Illinois estate planning is not done correctly, the money you worked so hard for could go to unintended beneficiaries. Learn how to prevent this problem below, then talk to our Lincolnshire estate […]

Can you imagine if you win the Mega Millions or Powerball lottery? What will you do with it? Go on vacation, buy a house? You also can relax and enjoy the sights of Chicago, such as the Skydeck Chicago at Wilis Tower or the Field Museum. You never need to work again! However, the first […]