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Recent blog posts
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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….
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Spring Cleaning Your Estate Plan: What to Review Each Year
: Spring Cleaning Your Estate Plan: What to Review Each YearSpring is a time for fresh starts and clean slates. As you dust off your shelves and organize your closets, consider taking a closer look at your estate plan. Just like your home, your estate plan needs regular attention to stay in order. A plan that worked a year ago might not reflect your current…
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When it comes to estate planning, one of the most important decisions centers around choosing an executor or trustee. These individuals will be responsible for managing your estate after you pass. Additionally, they must be there to ensure your wishes are carried out by distributing your assets to your intended beneficiaries. For that reason, you…
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Many jurisdictions across the country have provisions for those who want to apply to be a guardian for a minor child or an adult. Proceeding through this process can be complicated. However, with the help of an attorney, you can understand all the benefits and challenges of gaining guardianship of another individual. Here are a…
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After someone dies, their assets go through a process known as probate. With that, the courts will ensure that their will is valid, along with identifying and distributing the property. Often, it can be lengthy and time-consuming. How can you better prepare yourself to navigate the probate process in Illinois? Here are a few tips:…
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After someone passes away, their estate may end up in probate. Generally, this process involves ensuring that the deceased individual’s will is valid. The court will also identify and distribute their property to the person’s heirs. Many people want to avoid these proceedings because they are lengthy and costly. Is probate required in Illinois? Here…
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With the upcoming family celebrations, it may be an excellent time to discuss your plans for the next year and beyond, especially those involving your estate. Holidays are full of celebrating and spending time with loved ones. What better gift can you give than securing their future? Here are a few tips if you want…
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The Importance of Estate Planning Over the Holidays
: The Importance of Estate Planning Over the HolidaysThe holiday season is a time for fun, festivities, and family time. During the merriment, you may not think about estate planning. But bringing the family together is the ideal time to discuss these issues. You can outline your wishes and have peace of mind in the process. Here is what you need to know…
