Many Illinois residents are in their second marriages, which means they might have stepchildren. It’s important to use these estate planning tips to protect your blended family. Create a trust Creating a revocable living trust is a good way to hold assets and property...
Month: May 2022
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Common estate planning mistakes to avoid
We all know that having an estate plan is important in Illinois. However, there are a number of common mistakes that people make when they are putting together their plans. Not having a will A will is one of the most important documents in an estate plan. It allows...
Illinois makes it easier to transfer real estate to heirs
If you own property in Illinois, legal changes now allow you to transfer all types of real estate to a beneficiary without going through probate after your passing. Illinois expanded its Transfer on Death Instrument Act on Jan. 1, 2022, to include commercial...