Many people in Illinois make a habit of donating to charitable causes. Besides enjoying the feeling that comes from helping others, giving back to charities also helps reduce tax expenses for you and your beneficiaries. Here are a few tips to help you benefit from...
Month: August 2021
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Asset protection trusts for Medicaid planning
Many seniors may be concerned that they will need long-term nursing care in the future. However, the costs of this type of skilled nursing care may be out of reach for large numbers of people, even if they have saved a some funds that they would like to pass on to...
Follow these steps to settle a trust as an appointed trustee
If you became appointed as a successor trustee in Illinois, it can feel overwhelming and confusing. Understandably, most people don't have prior experience in this role. Because of that, it's important to learn about your duties as a trustee. Here are some steps...