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March 2018 Archives

Why it's important to update estate planning documents

Going through the time-consuming task of fashioning an estate plan may fall short if that plan isn't updated as life changes. Estate planning documents in Illinois should always be as current as possible and should reflect current life situations. Amassing documents like a will and storing them in a safety deposit box for decades without ever looking at them again may be doing beneficiaries a great disservice.

A popular 60s movie teaches about long term care planning

The original Willy Wonka and the Chocolate Factory has a few scenes in it that might make people think about what they would do if they were bedridden. All four of Charlie's grandparents share a four-poster bed since none of them can walk. Long term care planning could likely have avoided such a situation. In fact, the movie gives some good lessons about health care planning for the long haul for Illinois residents.