Creating an estate plan is an ongoing process. Often, you experience a significant event that moves estate planning up your to-do list, like having a baby or investing in real estate. However, putting together your estate plan is not a one-and-done type of document....
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Estate Planning
3 reasons to start estate planning soon
If you do not yet have an estate plan in place, you are not alone. In fact, as many as 60% of Americans have not created a will, according to AARP. Though you may not think you need to prepare for the end of your life, avoiding this crucial activity could lead to...
What are the first things to do when probating an estate?
If your deceased loved one's estate plan named you as executor, then it will be your responsibility to probate the will. The probate process is not anyone's favorite thing to manage, but with proper guidance and an in-depth understanding of the law, you will be able...
2 estate planning documents you should draft before you deploy
Most Americans wait until after they've had children or have amassed significant assets later in life to begin planning their estates. If you're an active member of the armed forces subject to deployment, though, then it definitely speeds up the need to plan your...
Tips to help you financially prepare for life after divorce
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...
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...