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Estate Planning Before 2026: What Illinois Families Should Update Before the New Year
: Estate Planning Before 2026: What Illinois Families Should Update Before the New Year
Your estate plan is not unchanging. In fact, you have to keep it up to date with any big changes or to plan for the New Year. As 2026 approaches and we leave 2025 behind, it is important to consider what has changed in your life lately. Perhaps you had a new child, a divorce,…
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While allowed, it can be tricky to sell a house during Illinois probate. During probate, you are wrapping up a person’s life and dealing with the things they owned. This means selling assets, paying debts, and much more. When real estate is part of it, it can be even more complex. Yes, you can sell…
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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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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…
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Not all estates have to go through a long and complicated probate process. If the estate is small, there are court procedures that can avoid those longer legal battles. Many times, this occurs when the deceased individual does not own many assets. If you would like to learn more about probate administration for small estates,…
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Many people choose to use a trust for their estate planning and asset protection. However, there may be times when circumstances change in a person’s life. In these cases, they may need to modify or terminate the trust. In the state of Illinois, there are a few rules and procedures that must be followed. Let’s…
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Losing a loved one is an incredibly difficult experience. However, dealing with legal matters can add to the emotional pain and stress of these events. No one wants to go through probate, but it is an unfortunate process for many estates. If you find yourself in this position, here are a few facts about how…
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When you are creating an estate plan, more than likely, you will want to avoid probate. This process can be a long, arduous, and an expensive proceeding. Along with that, this can be a difficult experience for your beneficiaries. If you want to look for a better way to provide for your loved ones, it…
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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…









