While making your estate plan, you are certainly taking the time to make financial decisions. What will happen to your savings? What about your investments? What if you have a life insurance policy? What do you do with real estate or other major assets that you own?...
The term “dementia” covers several medical conditions which cause a loss of brain function. Most often, dementia refers to Alzheimer’s disease, as the condition accounts for up to 4 out of 5 dementia cases. Dementia is a progressive illness, meaning it gets worse over...
People will sometimes procrastinate divorce because they are simply looking for a good reason to file. They may even believe that having this reason is necessary. If their spouse isn’t abusive or hasn’t had an affair, they don’t think that they have a good enough...
In Illinois, people create a will or other estate planning document to be fully prepared for the future. That includes taking care of their loved ones, addressing business needs and allocating property as they see fit. But wills don’t necessarily remain static. The...
For many Illinois residents, having a will means having an estate plan. But an estate plan can be more than just a will, and some of the other documents involved in an estate plan could be necessary for elderly parents. Current statistics regarding the elderly and...
Child custody orders are never final. In Illinois, they’re subject to modification when the court determines that there’s been a substantial change in circumstances, or that the child is seriously endangered, and that modification is in the child’s best interests....
Ending your marriage is not easy. It can negatively impact almost all areas of your life. You may not enjoy doing the things you did before. However, to protect your interests, you need to stay positive during divorce. But how can you do this? 1. Get support Support...
You might already be familiar with some of the pieces that make up an estate plan, such as a will and a trust. While those are valuable estate planning documents, a power of attorney can also be a valuable part of an estate plan. In Illinois, power of attorney is a...
Illinois residents who are beginning to think about estate planning have probably considered that perhaps a “trust” could be part of their comprehensive plan. So, what is a trust, and could a trust be an effective part of your estate plan? An overview of trusts First...
If you’re getting divorced, you need to know how to split up your assets. Typically, all of the assets that you own are going to fit into two categories. Some will be marital assets and others will be separate assets. If you or your spouse have separate assets, you...
