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June 2019 Archives

DIY may not be the wisest choice for living trusts in Illinois

There are some things that can be taken on as do-it-yourself projects. Writing revocable living trusts isn't one of them. Illinois residents who understand the benefits and importance of trusts might do well to get legal advice before embarking of doing anything themselves since writing such a document can come with its own set of complexities.

Long term care planning: Helping Illinois middle income earners

It's becoming more difficult for middle-income earners to stay afloat. Older Illinois middle income earners may find it especially difficult to shell out the needed funds that may accompany care in old age -- for things like housing and health care. By 2029, the oldest of the baby boomer generation will be reaching their early 80s which is the time when extended care may be needed. Long term care planning for these people likely has been a problem.