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Recent blog posts
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What Happens to Digital Assets in Probate in Illinois?
: What Happens to Digital Assets in Probate in Illinois?As more aspects of life move online, digital assets have become an increasingly important part of estate planning and probate. In Illinois, digital assets can hold financial, sentimental, or legal value. Yet many estates overlook these assets, leading to confusion and delays during probate. Understanding how Illinois law treats digital assets is essential for executors,…
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Illinois Probate Deadlines: What Heirs Should Know
: Illinois Probate Deadlines: What Heirs Should KnowWhen a loved one passes away in Illinois, the probate process can feel overwhelming. This is especially true for heirs unfamiliar with legal timelines and obligations. Understanding key probate deadlines is essential to protect your inheritance rights, avoid unnecessary delays, and ensure the estate is administered properly. The estate planning attorneys at Bielski Chapman, Ltd….
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When deciding between a will and a trust, it’s best to have a clear understanding and know the differences between the two. A trust is a legal document where a third party or trustee is authorized to manage the assets that are held in the trust. The trustee makes sure the correct heirs gain the…
All blog posts
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What Happens to Digital Assets in Probate in Illinois?
: What Happens to Digital Assets in Probate in Illinois?As more aspects of life move online, digital assets have become an increasingly important part of estate planning and probate. In Illinois, digital assets can hold financial, sentimental, or legal value. Yet many estates overlook these assets, leading to confusion and delays during probate. Understanding how Illinois law treats digital assets is essential for executors,…
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Illinois Probate Deadlines: What Heirs Should Know
: Illinois Probate Deadlines: What Heirs Should KnowWhen a loved one passes away in Illinois, the probate process can feel overwhelming. This is especially true for heirs unfamiliar with legal timelines and obligations. Understanding key probate deadlines is essential to protect your inheritance rights, avoid unnecessary delays, and ensure the estate is administered properly. The estate planning attorneys at Bielski Chapman, Ltd….
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When deciding between a will and a trust, it’s best to have a clear understanding and know the differences between the two. A trust is a legal document where a third party or trustee is authorized to manage the assets that are held in the trust. The trustee makes sure the correct heirs gain the…
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Does My Estate Qualify for a Small Estate Affidavit in Illinois?
: Does My Estate Qualify for a Small Estate Affidavit in Illinois?Are you wondering what a Small Estate Affidavit is? It’s a legal document that speeds up the asset distribution process when someone dies with a small estate. In Illinois, the term “small estate” usually refers to estates with assets totaling up to $100,000 or less, and there is no real estate involved. This mechanism allows…
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The Differences Between Revocable and Irrevocable Trusts in Illinois
: The Differences Between Revocable and Irrevocable Trusts in IllinoisWhen it comes time to plan your estate, it is more than just drafting a will or deciding who gets your personal belongings. You need a strategy that helps manage your assets, avoids unnecessary legal complications, and protects your wealth. One of the most effective ways to do this is through a trust. But not…
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The Probate Process for Business Owners in Illinois
: The Probate Process for Business Owners in IllinoisWhen you’re a business owner, estate planning isn’t just about what happens to your home or personal belongings after you pass. It’s also about what happens to the company you’ve worked hard to build. One crucial piece of this puzzle is understanding how probate works, especially in Illinois, where the legal landscape can be complex….
