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 […]

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 […]

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 […]

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 […]

Talking to Your Family About Your Estate Plan

In my practice as an estate planning lawyer, I meet with clients almost every day who are at least a little bit intimidated by the process. For many, it is not the logistics that bother them; it is the difficult subject matter. It can be quite uncomfortable to face the reality that we will not […]

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 […]

Naperville Estate Planning Attorney Offers Five Ways Your Will Can Become Obsolete

As you probably realize, a will often provides the foundation for a comprehensive estate plan. In some cases, a person’s will is the only instrument used to transfer his or her assets to heirs and beneficiaries. This is not uncommon, particularly among individuals with modest estates and few complex holdings. In my practice as an […]

Naperville Estate Planning Attorney Discusses Incentive Trusts

It would be nice if every person was financially responsible and capable of making good decisions regarding money, but the reality is that many people struggle with establishing good spending habits. For such individuals, money in hand does not last long, often being spent on frivolous things—at least in the opinion of their friends and […]