Our Estate Planning Blog
In a single business day recently, I received a string of nearly identical inquiries. Each came from a cryptocurrency investor who had watched a confident,
Can an Illinois Resident Reduce Estate Tax by Buying Out-of-State Real Estate? Clients sometimes ask a very practical question: “If Illinois taxes estates over $4
Most people spend a lot of time planning for the financial side of retirement. However, once retired, there are a few estate planning tasks to do. Your life has likely changed since the first time your estate plan was done, says the article “5 Estate Planning Changes To Make After Retirement” from Go Banking Rates. Get ready for the next phase of your life with an update to your estate plan. This is especially true with the SECURE 2.0 Act measures coming into effect this year. Retirees need to address new rules regarding catch-up contributions, required minimum distributions (RMDs), Roth…
A pour-over will catches assets that miss your trust, keeping your plan intact and your heirs out of court where possible.
Blended Families and Estate Planning: How to Prevent Accidental Disinheritance As more adults experience divorce later in life and enter into second marriages, blended families
Estate Planning for H-1B Visa Holders: Key Considerations for Legal Residents in Illinois For individuals living in Illinois on an H-1B visa, estate planning presents
Choosing the right storage location for your will ensures that it remains secure, accessible, and legally valid when needed.
Trust disputes among beneficiaries can strain family relationships and jeopardize the integrity of an estate plan. Strategic conflict resolution can protect both the trust’s assets and familial bonds.
Digital assets are now a major cause of problems in settling and distributing estates. You must carefully consider and incorporate your digital life into the estate plan.
If you have updated your estate plan during the Covid crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding.