Estate Planning

Many people don't pause to think about the importance and necessity of having an estate plan. When Illinois residents do make time for estate planning, some usually neglect one crucial document: a health care directive. In fact, two-thirds of all Americans don't have...

More seniors are choosing to live together rather than get married. There are a number of reasons for this, but these individuals in Illinois also need to take some time for estate planning -- especially since they're cohabiting. The rationale behind the jump in these...

There are some things that can bode very well when it comes to an estate plan. Illinois residents thinking about their estate planning decisions might want to know how life insurance can play a part in those plans. Life insurance, for one, is exempt from taxes, so...

It is not easy to know what type of legal and financial protections may be necessary for a person in the future. This is one reason why estate planning can be complicated for some Illinois adults. When drafting estate plans and getting important documents executed, a...

More and more individuals are choosing never to marry or to settle down. That doesn't mean they don't spend many happy years doing the things they enjoy, having solid careers and building fulfilling lives. Such Illinois residents should still consider giving thought...

With the world getting technologically smaller, more people are investing in foreign markets. When it comes to estate planning in Illinois, residents who do have foreign assets need to be aware of how to handle them in their estate plans. Whether it's owning a castle...

When people are dealing with a chronic illness -- or a beloved family member is -- there are things that should be discussed even when discussing them can be delicate. Life is unpredictable in the best of circumstances, but for Illinois residents who live with chronic...

There are three significant tax issues that could affect an individual's estate plan. For Illinois residents thinking about estate planning, those issues include tax faux pas that could be financially costly in the long run. Not taking advantage of Family Limited...

People may spend time thinking about their loved ones being all right and taken care of after they have died. Illinois women, especially, may worry about their children, and who will look after matters when they are no longer around to do so. A leading health care...

Change occurs on a regular basis. The makeup of the Illinois family can change as the result of birth, death, marriage or divorce. Additionally, the financial situation that each family finds themselves in can change due to changes in income, investments, tax laws and...