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 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 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. […]

Naperville Estate Planning Lawyer Offers End-of-the-Year Tips

In addition to opening Christmas presents and toasting the new year, the end of the calendar year is also a time to review your estate plan and create a strategy for reaching your financial goals in 2018. This time of year is a good time to do an estate plan “check-up.”  An up-to-date estate plan […]

Naperville Lawyer Explains Why You Are Rich Enough for an Estate Plan

It is an often-cited number, but it bears repeating: about 60 percent of American adults do not have any type of estate plan in place. Some of those adults, of course, include young men and women fresh out of high school or college, so their lack of an estate plan is somewhat understandable, but why […]