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Recent blog posts
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How to Protect Your Property With a Will in Illinois
: How to Protect Your Property With a Will in IllinoisA will is a crucial legal document that outlines your wishes for the distribution of your assets after your passing. In Illinois, a well-crafted will can provide peace of mind, protect your property, and ensure your legacy lives on. At Bielski Chapman, LTD., we understand the importance of estate planning and are here to guide…
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When creating an estate plan in Illinois, it’s important to understand the various tools available to ensure that your assets are distributed according to your wishes. One such tool is a pour-over will. While it may sound complex, a pour-over will plays an important role in ensuring your estate is handled properly. What is a…
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Filing for guardianship in Illinois allows someone to make decisions for a person unable to care for themselves. Whether due to age, disability, or other circumstances, this legal arrangement can provide essential support to vulnerable individuals. At Bielski Chapman, LTD., we understand that navigating the guardianship process can be daunting. We are here to guide…
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Probate vs. Small Estate Administration in Illinois
: Probate vs. Small Estate Administration in IllinoisThe loss of a loved one is a difficult time, and the process of handling their estate can add to the emotional burden. In Illinois, there are two primary methods for managing an estate: probate and small estate administration. Both serve the purpose of distributing a deceased person’s assets, but they differ in terms of…
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Asset protection is often perceived as a concern for the wealthy or the elderly, but young adults in Illinois also have significant reasons to consider safeguarding their assets. Whether you’re just starting your career, building savings, or investing in your first home, understanding how to protect your assets can provide financial security and peace of…
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The loss of a loved one is a difficult time, and on top of emotional burdens, there are often legal matters to address. In Illinois, probate is the court process that oversees the administration of an estate, ensuring debts are settled and assets are distributed according to the deceased’s wishes (or by state law if…
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After a person passes away, there are situations where their estate will enter into probate. During this time, the court will administer and distribute the deceased’s assets and pay off any debts. While it is often necessary, probate can be a costly and time-consuming process. However, there are strategies you can use to reduce these…
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Challenging a will is never an easy process. Many times, family members and other interested parties will question the validity of the will. As you can imagine, that leads to plenty of legal concerns and family challenges. However, this document must be authentic and respect the wishes of the decedent. If you want to know…
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When 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 to manage your assets and ensure a smooth transition after you pass away. However, one aspect is often overlooked: asset protection. Let’s look at the importance of asset…