Category: Estate Planning Attorney

Is There An Ironclad Way To Protect Estate From Being Contested?
contesting estate
Posted August 28, 2023

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 […]

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How Charitable Giving Reduces Your Estate Taxes
charitable giving
Posted August 14, 2023

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 […]

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Can A Beneficiary Designation Be Contested?
estate planning
Posted June 26, 2023

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 […]

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Estate Planning Mistakes That Can Lead To Contested Estates
contested estates
Posted March 13, 2023

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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When You Should Consider Updating Your Estate Plan
Estate Planning Attorney
Posted October 31, 2019

No one can predict the future, especially when it comes to our own mortality. For this reason, it usually pays to be as prepared as possible when it comes to the estate planning process. This includes not only creating an initial estate plan, but also updating that estate plan after major life changes. Failing to […]

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What You Should Know About Inheritance
Estate Planning Attorney
Posted July 08, 2019

When a person dies, his or her estate is distributed to surviving loved ones through the process of inheritance. Inheritances can take many forms, including cash endowments, stocks, real estate and personal property. However, how these assets are distributed, and to whom they are given, depends in large part on the decedent. For instance, those […]

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Should I Establish a Family Wealth Trust?
Estate Planning Lawyer
Posted June 06, 2019

A properly executed will can ensure a testator’s estate is distributed according to his/her wishes upon death. However, as their estate grows, it is also not uncommon for testators to use more sophisticated estate planning tools, such as a Family Wealth Trust. While it is true these types of trusts can be used as a […]

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Tips for Reducing Your Estate Taxes
Estate Planning Attorney
Posted May 08, 2019

One of the most important goals for many testators is to leave as much of their property to family members and loved ones as possible. Unfortunately, the taxes assessed against an heir or beneficiary’s inheritance, which are also known as estate taxes, after a testator passes away, can significantly reduce the size of the inheritance […]

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Warning Signs that Your Will Might be Contested
Estate Planning Attorney
Posted April 23, 2019

There is no easy way to know for sure whether a will is at risk of being contested after a testator passes away. This is especially true in cases where a person drafts a will many decades in advance of his or her death and does not change it to account for alterations in relationships […]

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Reasons for Young Adults to Consider Estate Planning
Estate Planning
Posted February 06, 2019

Many people assume that estate planning is only for older adults, or for wealthy individuals who need to make intricate plans for trusts, estate and gift taxes, and business succession. However, it is also extremely important for young adults to think about estate planning and to speak with a Chicago estate planning attorney about creating […]

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