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Recent blog posts
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Selecting the right trustee is one of the most important decisions you will make when creating a trust in Illinois. The trustee is responsible for managing trust assets, following the terms of the trust document, and acting in the best interests of the beneficiaries. A well‑chosen trustee can ensure your estate plan works exactly as…
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Succession Planning for Family-Owned Businesses in Illinois
: Succession Planning for Family-Owned Businesses in IllinoisYou care about your family-owned business. There has been a lot of hard work in getting it off the ground and successful. Whether you’ve had the business for a few years, or many decades, you want to ensure it is protected after you pass away. Without a clear succession plan, your business could face big…
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After losing a loved one, the last thing you want to think about is the cost of probate. However, it is a part of administering the estate. Probate often gets the reputation for being slow and expensive. In Illinois, most estates can move through pretty efficiently, reducing fees depending on the size and complexity of…
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When a person passes away in Illinois, their estate may need to go through probate, a legal process where the court oversees the distribution of assets to heirs and beneficiaries. However, not all assets are subject to probate. Understanding which assets must go through this process can help families plan effectively and avoid unnecessary delays….
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Understanding the Role of an Executor in Illinois Probate
: Understanding the Role of an Executor in Illinois ProbateThe probate process in Illinois can be complex and often overwhelming, especially during a time of grief. A key figure in navigating this process is the executor, a person designated in a will to manage the deceased’s estate. Understanding the executor’s role and responsibilities is crucial for both those named as executors and beneficiaries of…
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Common Mistakes That Can Delay Probate in Illinois
: Common Mistakes That Can Delay Probate in Illinois Probate, the legal process of administering a deceased person’s estate, can be complex and time-consuming. In Illinois, certain common errors can significantly delay this process, causing stress and added expense for beneficiaries. Understanding these common errors can help executors and families avoid unnecessary delays, ensuring a smoother administration of the estate. At Bielski Chapman, LTD.,…
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The short answer is: It depends. Technically, you do not need a lawyer to file probate in Illinois. However, while it is possible to file for probate without legal assistance, most people find that having a probate lawyer is beneficial. Here’s why: Navigating the Complexities of Probate Probate can be a complicated process, especially if…
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How Much Does an Estate Have to be Worth to go to Probate in IL?
: How Much Does an Estate Have to be Worth to go to Probate in IL?Probate is the legal process through which a deceased person’s estate is administered and distributed according to their will or the laws of the state if there is no will. In Illinois, the probate process can seem overwhelming for families and loved ones left behind. One common question that often arises is: How much does…
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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…
