Month: December 2021

There is a formal procedure for every step of estate planning. At some point, the beneficiaries have to be formally notified when a will is ready. This does not occur automatically after a person dies. In Illinois, a beneficiary must learn what to look out for and...

Funding your Illinois trusts with annuities could create a tax haven for you. When trusts are irrevocable, their status signifies how their assets are handled. A revocable trust can, instead, be changed without issue, but this results in lesser hedges when sheltering...