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 […]

Naperville Estate Planning Lawyer Talks About Divorce, Ex-Spouses, and Estate Plans

According to current estimates, the divorce rate in the United States is somewhere between 30 and 45 percent. While the exact number may be tough to pin down, the reality is that thousands of couples get divorced every year in Illinois alone. A divorce can change your life in more ways than you might realize […]

Naperville Estate Planning Attorney Talks About Your Living Will

If I were to ask you to talk about your estate plan, what would you describe? For many people, their first thoughts turn to documents such as wills and trusts that allow for the transfer of assets to heirs and beneficiaries. Of course, wills, trusts, and similar instruments represent a large part of estate planning, […]

Naperville Estate Planning Lawyer Discusses Handwritten Wills

For most people, a last will and testament is one of the most important documents they will ever create. Your will is likely to contain provisions that dictate how your assets are to be divided among your chosen beneficiaries but may also include many other considerations. You can use your will to establish guardianships for […]