Blog
Estate Planning Tips, Tricks, and Breaking News
Can I Put My Illinois LLC Or Business Interest Into My Trust?
This is a question that comes up a lot with business owners, especially those who already have a revocable living trust or are in the process of setting one up. The short answer is yes, in most cases you can place your Illinois LLC or other business interest into your...
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Can My Successor Trustee Change My Trust After I Die?
This is one of the most common questions we hear when clients are setting up a revocable living trust in Illinois. It usually comes from a place of concern. People want to make sure their wishes cannot be changed later, especially if family dynamics are complicated. The short answer is...
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Gifts That Keep Giving: Wills, Trusts, and Legacy Planning
‘Tis the season for gift-giving, and it is also a great time to take care of something that truly lasts: your estate plan. When you are spending time with family and friends, it can be easier to think through the people who matter most and the legacy you want to...
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The Season of Giving: Special Gifts for Special People
There is something about the holidays that brings out a sense of warmth and generosity. It is the time of year when we put extra thought into choosing gifts for the people who matter most. What many people do not realize is that you do not have to wait for...
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How To Have A Conversation With Your Children About Your Estate Plan
Talking to your kids about your estate plan is not a requirement but it does help with guiding them for the future. It’s also not an easy conversation to have because nobody wants to think about their parents not being there for them anymore. However, just because it’s hard doesn’t...
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3 Questions To Answer About Estate Planning Before The New Year
With the end of the year sneaking up (seriously, how is it December already?), now is the perfect moment to take a quick look at your estate-planning to-do list. Do you actually have a plan? Is it still current? Are all the moving parts doing what they’re supposed to do?...
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Is Now The Right Time To Update My Estate Plan?
If you already have an estate plan, you know it’s more than just a document, it’s a carefully thought-out process that reflects your wishes, values, and goals. However, one thing we always remind clients is that estate plans are not permanent. You can (and should) update your plan whenever life...
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How Do I Choose A Guardian For My Children?
One of the most common goals in estate planning is having a plan in place for your children. It’s always the big question of “What happens to my kids when I’m gone?” that can truly worry all parents. The best part about an estate plan is that you can answer...
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Looking Out for Future You: Why a Power of Attorney Matters For Chicagoland Residents
One of the main goals of estate planning is making sure you have a say in what happens to you and your affairs, even in the worst-case scenarios. Most people think first of wills, which ensure your wishes are followed after your death. But estate planning is not just about what...
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Estate Planning For Single Women – What Does One Need?
Being a strong, independent woman means taking charge of your life—and your legacy. If you think estate planning is easier when you’re single, think again. With more freedom comes more decisions, and that’s where we come in: to help you create a plan that’s thoughtful, personal, and empowering. If...
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Why Should You Have a Will in Illinois?
Life is full of uncertainty—but your final wishes shouldn’t be. While Illinois state law has default rules for distributing your assets when you pass away, those laws may not reflect your personal wishes. That’s where estate planning comes in. No matter your age, income, or family structure, everyone deserves to...
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5 Costly Missteps Illinois Families Make When They Skip Estate Planning
(and how to avoid them) 1. Letting Illinois decide who inherits your property If you die without a Will or Revocable Living Trust, the Probate Act of 1975 tells the judge who receives your assets—typically 50% to a surviving spouse and 50% to your children. Those rigid rules don’t account...
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Can I Create an Islamic Will in the State of Illinois?
One of the most common questions I get asked is whether one can create an Islamic will in the State of Illinois due to the fact that the law of the land does not follow Islamic inheritance (Faraid) principles. The short answer is: Yes, you absolutely can create an Islamic...
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3 Key Questions to Answer “Before” Meeting Your Estate Planning Attorney in Illinois
Picture this: we're sitting down, you and me, ready to dive into the nitty-gritty of your estate plan. There's often a bit of surprise when I clarify that I can't make all the decisions for you. After all, I'm not familiar with your family dynamics or your unique preferences. ...
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Estate Planning 101: The Four Methods of Asset Transfer For Chicagoland Residents
It's truly remarkable how many folks want to draft a will to ensure their assets end up where they want them to go after they're gone, without considering the other methods available for transferring assets. They often inquire about the hierarchy between a will and other documents. As much as...
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Revocable Trusts vs Irrevocable Trusts: What’s the Difference in Illinois?
A few weeks back, I had a heart-to-heart with a financial planner who's been sending clients my way for quite some time. In our recent chat, he mentioned the need for asset protections within a trust for a potential client he was planning to refer to me. He brought up...
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Completing Your Estate Plan Online vs. Working with an Attorney In Illinois
When it comes to estate planning, there are many options available, including online templates that promise a quick, easy, and cost-effective way to create your will, trust, or power of attorney. While these online tools might seem convenient, they often come with hidden risks that could leave you and your...
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The Difference between a Will and a Living Trust
When planning your estate, choosing between a will and a living trust can be confusing. While both serve to distribute your assets after death, they have important differences. What is a Will? A will is a legal document that outlines how your assets should be distributed after you pass away....
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How To Involve Your Family In Your Estate Plan
When deciding your estate plan, there are many things you have to think about. Choosing the right plan, executing and organizing the documents, and meeting with your attorney are all part of the job of planning what will happen to your estate. But one thing that is integral to the process...
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The Differences Between A Will And A Trust
There are many different ways to prepare for your future with your estate planning attorney. There are many different types of documents, plans, and decisions that you have to make when deciding how you want to distribute your estate. When looking at the options and deciding what estate plan is...
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