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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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What Happens If You Die Without a Will in Illinois?
: What Happens If You Die Without a Will in Illinois?When someone dies without a will in Illinois, the court does not leave the estate in limbo. Instead, it follows a legal process known as intestate succession. This process determines how the deceased person’s property will be divided among their relatives. Without a valid will, the state controls who receives what, regardless of the person’s…
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A will is supposed to bring clarity and peace of mind after a person passes away. But sometimes, the process doesn’t go as smoothly as intended. In Illinois, a will can be contested if certain concerns arise about its validity or fairness. These disputes can lead to drawn-out court proceedings and strain family relationships. Understanding…
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Estate planning often brings up tough questions. How do you protect your loved ones? What happens to your assets after you pass? In Illinois, one tool that many families consider is the revocable living trust. While this type of trust offers some clear advantages, it’s not the right fit for everyone. If you’re considering a…
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The Illinois Probate Process: What Families Should Know
: The Illinois Probate Process: What Families Should KnowThe passing of a loved one is always an emotional time. On top of the grief, families are often faced with a series of legal steps that must be taken to handle the person’s estate. In Illinois, that process is known as probate. While the word itself might sound complicated, understanding what probate means, and…
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After the loss of a loved one, many families are left with questions, both emotional and legal. One of the most common concerns we hear is about timing: “How long will this probate process take?” The answer isn’t always straightforward. In Illinois, probate can move quickly in some cases, while in others, it can take…
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What to Do If a Will Is Missing or Invalid in Illinois
: What to Do If a Will Is Missing or Invalid in IllinoisWhen someone passes away in Illinois, their will typically outlines how their estate should be distributed. However, there are instances when a will is missing, or the validity of the will is questioned. If you are in a situation where a will cannot be located or is believed to be invalid, it is crucial to…
