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 […]
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Many Illinois residents may think that estate planning is only for older people who want to pass on assets to their families after they pass away. However, estate planning is about more than that. Proper estate planning services can be used to reduce taxes, obtain healthcare, and protect the assets of younger families. However, mistakes […]
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An important way to reduce taxes on your estate is to make gifts to your loved ones during your life. This is done with the annual gift tax exemption of $16,000 as of 2022. You can make a gift to your loved one up to the current exemption amount every year. You can give that […]
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It is always an emotional and challenging time when a loved one passes. The situation can be made worse when it comes time to distribute the deceased’s assets. What happens if a beneficiary contests the estate? Fortunately, a contested estate can often be prevented with careful estate planning. If you need assistance, the Lincolnshire estate […]
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