Dec 23, 2020 | Assets, Estate Planning, Power of Attorney, Trust, Will
When you create an estate plan in Hoffman Estates or throughout Illinois your Hoffman Estates attorneys should talk to you about creating an asset checklist. As part of your estate plan, whether in Hoffman Estates, Schaumburg or throughout the Chicagoland area, it is...
Dec 16, 2020 | Assets, Estate Planning, Power of Attorney, Trust, Will
Hoffman Estates and Schaumburg estate planning attorneys can help you avoid mistakes as a result of common estate planning myths. Most people are familiar with at least one of the estate planning myths that will be debunked in this article. 1. Only the very...
Dec 2, 2020 | Assets, Estate Planning, Power of Attorney, Probate, Special Needs Planning, Trust
Estate Planning Myths Explained I Can do my Estate Planning Later, Right? Maybe, but in general there are only two time zones in estate planning: (1) before you need it; and (2) it’s already too late. The best time to make sure you have a proper estate...
Dec 1, 2020 | Assets, Estate Planning, Legal, Power of Attorney, Special Needs Planning, Will
What is an Illinois ABLE account. An Illinois ABLE account is just one of the special needs planning tools available. ABLE stands for Achieving a Better Life Experience. The act was signed into law under the Obama administration and allows for the creation of tax...
Jul 14, 2020 | Estate Planning
Digital estate planning in Schaumburg and Hoffman Estates will play an important part of your estate plan. When Illinois enacted the Revised Uniform Fiduciary Access to Digital Assets Act, it joined a growing number of states that are trying to address a fiduciary’s...
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