» Estate Planning

When it comes to estate planning, there are a variety of tools available to help individuals and families protect their assets and plan for the future. Two of the most common estate planning documents are wills and living trusts. While they both serv… Read More

A will is a legal document that allows you to distribute your assets and property after your death. It can also be used for other purposes, such as naming an executor or trustee to oversee the property left behind by the deceased person or, if you ha… Read More

Your last will and testament is one of the most important documents you will ever execute. But while you might think you have a will in place that satisfies your objectives, this may not be the case. There are a number of formalities that must be com… Read More

Being the personal representative or executor of a loved one’s estate comes with a significant amount of responsibility. Some of the essential duties that must be performed are related to dealing with the decedent’s creditors. Not only must poten… Read More

A fiduciary relationship is one in which a party owes the other certain obligations based on a high level of trust. While fiduciary duties often arise in business relationships, they are also an inherent part of the estate administration process. Imp… Read More

The basic types of power of attorney allow an individual to appoint another person to make important decisions for you if you are unable to do so because of illness or disability. These agreements are created under Illinois law and must meet specific… Read More

If you are considering setting up a trust, it’s critical to select the right trustee to oversee it. A trustee has important obligations and responsibilities when it comes to managing, controlling, and administering a trust. Since trustees are given… Read More

When you lose a loved one, the grief you are forced to endure can be unbearable. The emotional anguish might be even more overwhelming in the event a dispute arises regarding their final wishes. However, if a testator was not of “sound mind” when… Read More