No one wants to go through a divorce, but you may come to find that this is the only way to change your life for the better. While there is a lot to consider during the divorce process, you'll want to keep close tabs on your finances. If you neglect to do so, you...
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Estate Planning
Your estate plan should be as unique as you are
Estate planning is a big deal for everyone, including people who have considerable wealth and those who don't. If you don't have an estate plan together, we can help you determine what you need to get started. This isn't a process that has to be very difficult to work...
Military family estate planning: Electing guardians
Military families have a lot to think about when it comes to estate planning. Being mobile and not having a stable home to call your own may change your priority on protecting tangible property and physical assets. However, that doesn't mean that estate planning...
Military life means you need to stay on top of estate planning
The military life is a dangerous one, especially when you consider all of the turbulent matters that are going on around the world right now. For men and women who have signed up to protect our country, it is all too easy to forget to protect themselves. One thing...
Plan carefully for your estate if you are in the military
Your estate plan is important no matter what your circumstances. It is imperative for you to make the plan and review it periodically to ensure that it is still valid. There are some situations that demand extra attention. One of these is if you are in the military....
Charitable trusts provide tax benefits, flexibility and control
Establishing charitable trusts provides Illinois residents with a number of significant benefits. Charitable trusts can be important components of tax management and estate planning strategies, and they allow people to fulfill their philanthropic objectives while...
Ways to provide for special needs children
Illinois parents of special needs children face challenges that others are not required to deal with. Among the biggest issues tied to raising a special needs child is finance. Parents are put in a position where they must not only provide for specialized treatment...
Estate planning considerations for same-sex couples
Same-sex couples or people who have been in same-sex marriages in Illinois may have certain concerns in estate planning. While same-sex marriage has been legal nationwide since 2015, the variations in state law prior to that point created some uncertainties. People...
The importance of succession planning for farmers
Illinois residents may be interested to know that 97 percent of all farms are family owned, according to the United States Department of Agriculture. However, there are many challenges that may result when family members choose to pursue other fields, such as volatile...
Addressing the family cabin in an estate plan
For many individuals across Illinois and Missouri, memories of weekends at the family cabin carry deep sentimental value. In some instances, generations of family members have enjoyed getaways to the family lodge. Cabins, second homes, hunting land and vacation...