Naperville Estate Planning Attorney on Preventing Caregiving Misunderstandings

If you are like the vast majority of people, when you see or hear the words “estate planning,” you are likely to think about wills, trusts, and other formal instruments that are commonly used to transfer property from one generation to the next. While it is certainly true that the transfer and protection of assets […]

Naperville Estate Planning Lawyer Discusses Frequent Flyer Miles

When most people sit down to create an estate plan, they think about their obvious assets, including real estate holdings, automobiles, and cash savings. They will also usually consider more tangible things like furniture, jewelry, and artwork. More savvy individuals may remember to address digital assets like Amazon Kindle libraries, Steam accounts, and iTunes downloads. […]

Naperville Estate Planning Lawyer Discusses How to Avoid Inheritance Disputes

Last month, the patriarch of one of music’s royal families passed away at age 89. Joe Jackson was the father of Michael, Janet, and the Jackson 5, but most sources avoid indicating that he was a loving, nurturing parent. Joe’s death is not likely to create as much controversy as Michael’s did in 2009. When […]

Naperville Estate Planning Lawyer on How a Divorce Can Affect Your Will

As an estate planning attorney, I encourage everyone to create and maintain an estate plan. It is important to do to protect yourself and your family in the event of something unexpected happening. The size of your estate and the types of things that it includes will dictate the tools that are necessary for your […]

Naperville Estate Planning Lawyer Discusses Dispute Over an Iconic Automobile and Royalties

For most people, creating an estate plan involves deciding what will be done with their assets after their death. The transfer of assets is often completed relatively quickly, and the estate is effectively closed forever. As an estate planning attorney, I realize that some estates are more complicated than others and may include longer-term considerations. […]

Consider Using a Pour-Over Will in Conjunction with Your Trust

As an estate planning lawyer, I believe that everyone can benefit from having an estate plan. Although many assume estate plans are only necessary for the elderly or ultra-rich, the reality is that every adult should have some sort of estate planning document(s) in place. A will or trust allows a person to have a […]

Estate Planning Fatigue is a Significant Hindrance to Many Americans

Although it can be a difficult topic to discuss, having a comprehensive estate plan is extremely important – regardless of wealth or status. If a person passes away without some sort of estate planning documents in place, he or she loses control over who acquires his or her assets and property. If the individual who […]

Naperville Estate Planning Lawyer on How to Minimize Potential Inheritance Arguments

Experts estimate that an astounding $30 trillion will be inherited in the next 30 years. While the majority of these transactions will take place without any issues, some of this money will inevitably be argued over. When estate plans are not clear or heirs feel that their inheritance is unfair, a lengthy legal battle can […]

Naperville Estate Planning Lawyer Warns About Online DIY Estate Planning

If you are reading this, you are probably someone who has at least considered the importance of estate planning. Perhaps you have a vague feeling that you should be planning for your and your family’s future, but you are unsure where to start. The world of wills, trusts, powers of attorney, and beneficiary designations can […]

How a Living Will Could Protect Your Healthcare Wishes

Studies show that only 40 percent of American adults have even a will or living trust. Not having legally binding documents which determine how your property will be divided upon your death or who should be the guardian of your children should you pass away is risky. You are risking the possibility that the courts […]