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September 2019 Archives

Safeguarding long term care planning documents

Taking the time to plan for unforeseen future events also means keeping the documents safe upon which those plans are written. Illinois residents who have taken the time for long term care planning should have those documents well-organized and in a safe place accessible for when the time comes. Not having documents at the ready could create a nightmare situation for the person who has written them and for their family members. 

The usefulness of flexibility in trusts

There is more to building a complete estate plan than simply writing a will and putting it on a shelf for years. Illinois residents may welcome the flexibility that trusts can provide in their estate plans. But these trusts should be built to be flexible so that they can change as life circumstances change and tax laws change over the years.