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Recent blog posts
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Does My Estate Qualify for a Small Estate Affidavit in Illinois?
: Does My Estate Qualify for a Small Estate Affidavit in Illinois?Are you wondering what a Small Estate Affidavit is? It’s a legal document that speeds up the asset distribution process when someone dies with a small estate. In Illinois, the term “small estate” usually refers to estates with assets totaling up to $100,000 or less, and there is no real estate involved. This mechanism allows…
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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….
All blog posts
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Does My Estate Qualify for a Small Estate Affidavit in Illinois?
: Does My Estate Qualify for a Small Estate Affidavit in Illinois?Are you wondering what a Small Estate Affidavit is? It’s a legal document that speeds up the asset distribution process when someone dies with a small estate. In Illinois, the term “small estate” usually refers to estates with assets totaling up to $100,000 or less, and there is no real estate involved. This mechanism allows…
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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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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…
