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November 2017 Archives

Exploring the potential benefits of trusts in estate planning

Many individuals in Illinois and elsewhere may wish to have a plan in place for certain changes in life, but they may be uncertain how best to approach the situation. With numerous available options, planning one's estate could seem somewhat overwhelming, especially at first glance. However, a person might be able to overcome any hesitation by gaining an understanding of the tools available in estate planning, such as the benefits of the various types of trusts.

Updating estate planning information could prove invaluable

Many individuals in Illinois and elsewhere consider it essential to have a plan in place for the future. Estate planning offers a variety of benefits, but it can also be a complex process, and any mistakes can prove detrimental. When planning ahead, one might find it beneficial to seek guidance in navigating the process to ensure they cover every aspect along the way.

Many people debating Hugh Hefner's estate planning practices

 Those in Illinois facing issues regarding final wills and testaments may want to pay close attention to an ongoing debate regarding Hugh Hefner's plans. Inside sources say Hefner's estate planning documents included prenuptial contracts, a final will and several other documents as well. One detail that has shocked many is that his wife Crystal Harris, whom he married in 2012, was not listed in his will as his beneficiary.