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 […]

Naperville Estate Planning Lawyer Talks About When to Contest a Will

The purpose of a last will and testament is to make arrangements for how a person’s property and debt will be distributed after they pass away. The person creating a will is referred to as the testator. Wills can also contain information about guardianship of minor children, the testator’s final arrangements, inheritance, and more. In […]

Naperville Estate Planning Lawyer Encourages Caution Regarding Incentive Trusts

As you approach the often-difficult topic of estate planning, it understandable that you want what is best for your heirs—especially if they are your children or grandchildren. We would like to believe that our descendants will be responsible and mature enough to handle a sizeable inheritance, but deep down, we know that this is not […]

Naperville Estate Planning Lawyer Discusses the Emerging Conflict Over Murderer’s Estate

Losing a loved one is always difficult, and it is not uncommon for disputes to arise over the recently deceased person’s estate. While most disputes are fairly minor and can be resolved amicably, others are more complex and require professional legal guidance. In my practice as an estate planning lawyer, I have helped all types […]

Naperville Lawyer on Talking to Your Parents About Estate Planning

Everyone can benefit from having a comprehensive estate plan in place. In addition to giving a person and their family the peace of mind that his or her final wishes will be fulfilled, estate planning offers the opportunity for that person to examine their financial needs and assets in order to plan for the future. […]