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An Illustration of a Revocable Living Trust
Most people have heard of trusts, but often times when I begin a conversation with a client about whether a trust should be incorporated into their estate plan, I am met with blank stares and dozens of...
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Pet Care After Death | Planning for Furry Family Members
According to the Humane Society of the United States, pet ownership in the United States has more than tripled from the 1970s, when approximately 67 million households had pets, to 2012, when there...
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Safekeeping Estate Planning Documents
Drafting a complete estate plan can give a person peace of mind in the assurance that he and his loved ones will be taken care of should disability or death come knocking. One of the most common...
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Acting as a Trustee in Illinois is About to Get Easier
An update is likely coming to the Illinois Trusts and Trustees Act which will make it more efficient for the trustee of an Illinois trust to deal with third parties and trust property. Illinois SB1877...
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Federal vs. Illinois Estate and Gift Tax Differences
Knowing the differences between federal and state estate tax laws is essential for estate planning attorneys that want to ensure they are minimizing any tax burden on their clients. In Illinois, there...
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Benefits of Incorporating a Revocable Living Trust into Your Estate Plan
A revocable trust is one that is created during the life of the grantor, and its primary uses are to manage property during the grantor’s life and reduce the cost and time associated with probate upon...
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Give Your Estate Plan a New Year Check Up
Welcome to 2016! If you’re like me, you’ve spent the first few weeks of the New Year trying to get organized and set some goals for the year to come. Whether it’s a new workout regimen, quitting...
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Give Your Estate Plan a 2017 New Year Checkup
Welcome to 2017! If you’re like me, you’ve spent the first few days of the New Year trying to get organized and set some goals for the year to come. Whether it’s a new workout regimen, quitting...
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Estate Planning Made Simple: What Every Married Couple Should Know
Chances are at some point or another you and your spouse have brought up the topic of estate planning. Whether it was talking about writing wills or how to plan for retirement, it’s a common discussion...
View ArticleThis is the Right Way to Make Gifts to Children
There are numerous considerations for parents and grandparents when contemplating making gifts to minor children. Outright gifts are frowned upon because, under the eyes of the law, children are under...
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