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 […]

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 […]