People thinking about estate planning often act out of concern for their loved ones. They create a will so that they control who becomes their children's guardian if they die. They provide clear instructions for distributing their property to protect their closest...
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3 reasons people decide to draft powers of attorney
Delaying estate planning is a very common mistake that otherwise responsible adults make. Some people don't plan at all, while others put together a will or a trust but fail to draft living documents. Yet, thinking about incapacity can be just as important as...
3 reasons people decide to add trusts to their estate plans
Some estate plans are as simple as a single will and no other documents. Other times, people include multiple different legal forms in their estate plans to optimize their own protection and the protection their plan provides for their closest family members. Trusts...
What happens if you die without a will in Illinois?
Creating a last will and testament puts you in control of your property after you die. When you don't create an estate plan prior to your passing, Illinois state law dictates what happens with your property. Intestate succession laws clearly outline who should receive...
When should you update your estate plan?
Creating an estate plan can help to ensure that your final wishes are carried out in a timely manner after you die. However, it is important to review your will, trust or other plan documents regularly after they are created. This can help to ensure that they meet...