Estate Planning

You've hit the jackpot on the Illinois State Lottery, and your money worries are over, right? Not so fast. If you don't protect your lottery winnings, you could end up with a lot less money than you think. Protecting lottery winnings through trusts Proceeds from huge...

Every Illinois citizen who has a will made can name an executor. An executor is a person who fulfills the wishes in a person's will. If someone has asked you to be an executor of their will, there are some key qualities that you want to live up to to be a good...

Illinois inhabitants who are getting ready to go through the estate planning process have many different decisions to make. While you likely have many assets in your mind that you want to be passed down to your children, there are also other things that you need to...

When you are creating an estate plan in Illinois, you may want to leave money for your children. However, you may also want to safeguard that inheritance in case your child gets a divorce. A trust can also be useful if your child is a minor or if you are worried about...

Collectors may amass a great many belonging, and some items could be quite valuable. Estate planning could include directives regarding collectibles and treasures. Several Illinois homes have some intriguing collectibles on display and in storage. When the owner...

After a loved one passes away, heirs may soon find themselves in an Illinois probate court. Not every estate requires the probate process, so beneficiaries need to review the testator's assets to determine if probate is necessary. An attorney may advise survivors if...

When creating an estate plan, it is vital that you take the steps to have a plan in place concerning the taxes associated with estate plans. Residents of Chicago, IL who are creating an estate plan should educate themselves on the various types of taxes that can...

Most parents in Illinois always work hard to ensure that their children will live their best lives. Thus, they invest in assets such as real estate so that children can inherit them in the future. Although most children are healthy, some have special needs. Many...