Our Estate Planning Blog
Naperville Estate Planning Lawyer FAQ: 12 Common Questions If you are looking for a Naperville estate planning lawyer, you may already know that you need
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…
Families often assume that because their adult children get along, have good judgment, and respect one another, they will simply “figure things out” after their parents pass away. Unfortunately, this belief can lead to unnecessary conflict, financial imbalance, and legal problems—especially when a family business or farm is involved. As a will and trust lawyer in Naperville, I routinely see the consequences of failing to put a formal plan in place.
If you own anything—a home, a car, a savings account, even a pet—you already have an estate plan. The only question is: Did you create it, or will your state do it for you?
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
Carefully structuring an inheritance can safeguard a child with addiction from financial harm, while providing the support they need to recover.
When a parent can no longer make decisions, guardianship can be a powerful tool to protect their needs.
In August 2024, Governor JB Pritzker signed a law which makes it much more likely that third-party institutions will accept the powers of attorney you have created with the help of your lawyer.
Are you worried about what might happen to your accounts and investments if you become disabled or incapacitated?
Unfortunately, death doesn’t just happen to other people. We should all get our affairs in order, so that our loved ones can focus on grieving and moving on once we pass.