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August 2018 Archives

Illinois estate planning: Avert a fight among adult kids

There is nothing that ruffles feathers more with adult children than thinking they've been given the short end of the stick when it comes to a parent's will. Family members in Illinois have disagreements with each other over many things, but when it comes to money and other valuables normally included in estate planning, things can get pretty ugly. Parents can be generous in what they leave their adult children, but it may be wise for them to discuss things with their grown kids so as not to leave any surprises.

Estate planning in Illinois when second families are involved

Divorced people may find new leases on life with remarriage and an extended family. Proper estate planning can help Illinois residents who have remarried to keep the peace in their second families. Making a determination of what assets belong to each individual and which are shared may be the first place to start, especially if the two people are older and have amassed their own assets.