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Recent blog posts
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Today, cryptocurrency and other digital assets are often a key part of your net worth. Whether you started mining bitcoin when it started or have invested well in NFTs, you want to ensure they are passed down to your next generation. The thing is, digital assets require a little extra attention as compared to typical…
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How to Use LLCs and Trusts Together for Asset Protection in Illinois
: How to Use LLCs and Trusts Together for Asset Protection in IllinoisAsset protection is a critical component of estate planning and business strategy. This is especially true in Illinois, where litigation risks, creditor claims, and probate exposure can threaten your financial legacy. By combining Limited Liability Companies (LLCs) with trusts, individuals and families can create a layered defense that protects real estate, business interests, and personal…
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Blended families are those formed through remarriage, adoption, or cohabitation. They face unique challenges when it comes to estate planning. In Illinois, ensuring that your spouse, children, stepchildren, and other loved ones are protected requires careful legal strategy. Without a comprehensive estate plan, your assets may not be distributed according to your wishes, potentially leading…
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My dad was diagnosed with Parkinson’s when I was in law school, and as it became clearer that he was a fall risk – and too stubborn to stop going up and down stairs – we decided that it was best to sell the house where me and my two brothers grew up. The house…
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Prior to law school I worked in consulting. My job was leveraging automation and digital tools to replicate time-consuming redundant tasks for privilege and discovery teams on a nationwide litigation effort. I used VBA, SQL and Acrobat to save $180,000 across a single team. My skills in this area have allowed me to operate a…
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Three things in life are inevitable: death, taxes, and practice management software. Well, the third is only inevitable if you practice law… the moment you get sick of spreadsheets to keep track of your client matters is the moment you realize it’s time for practice management software. If you’ve been to a law seminar or…
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What is the Role of a Guardian ad Litem in a Guardianship?
: What is the Role of a Guardian ad Litem in a Guardianship?In most counties in Illinois, the judge will appoint a Guardian ad Litem (frequently referred to by its abbreviation “G-A-L”) before appointing a guardian of a Ward. This is a confusing term because both “Guardian” and “Guardian ad Litem” have the word Guardian in them – but they could not be more different in their…
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If you are a new homeowner, congratulations! Maybe someone recommended to you recently that now that you own a home, it is beneficial to put your real estate in a revocable living trust and you’re wondering why. Read on! By putting real estate in trust, clients ensure that their home will be transferred to their…
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One issue that we come across frequently is a deed that has been sitting in a deceased parent’s name for years, and finally a child is ready to sell the property, but doesn’t have the authority to sell because their name is not on the deed. One way to go about selling the property is…
