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 Lawyer Talks About Estate Planning and Divorce

Many mental health professionals believe that the emotions that accompany a divorce are often very similar to those associated with the death of a loved one. While no one can reasonably claim that divorce and death are the same, there is little question that a divorce will change your life forever. In fact, the effects […]

Naperville Estate Planning Lawyer Discusses the Power of Attorney for Health Care and Living Wills

It is easy to think that estate planning primarily addresses how to divide your property and provide for your loved ones in the event of your death. However, a significant portion of the estate planning process can be dedicated to ensuring that you are properly cared for while you are alive. As an experienced estate […]

Proper Estate Planning Can Help Prevent Family Disputes

If you were to ask your children or other family members what you should do about dividing your assets and property upon your death, you would likely get a variety of answers. Some may suggest that you just divide it equally—without offering ways to determine what “equal” means—while others may remind you that you can […]

Naperville Estate Planning Attorney Reminds the Newly Divorced to Revisit Their Will

If you have recently gone through a divorce, you have likely had to deal with countless challenges and obstacles. Even in the most amicable of situations, it can be very stressful to negotiate the various aspects of a divorce agreement, including the division of marital assets and spousal maintenance. Couples with minor children often have […]

Estate Planning Attorney in Naperville Talks about the Use of A Living Will

It is understandably difficult for many people to consider, in advance, their own end-of-life health care decisions. They may convince themselves that they will have plenty of time to think about such things as the reality draws near. What if you do not have plenty of time, however? What if, for example, you are suddenly diagnosed with […]

Naperville Estate Planning Attorney on the Advantages of a Revocable Living Trust

As an estate planning lawyer, I understand how difficult it can be to consider what will happen after your death. A large number of my clients express that exact concern, but bravely and responsibly take the necessary steps to provide security for their families. Without proper preparation, the court may assume control over your assets […]

Naperville Lawyer Emphasizes the Importance of an Estate Plan

You have worked hard throughout the years and have acquired real estate, investments, artwork, jewelry, family heirlooms, and other items that are important to you. The question now is: what will you do with them? Will you pass specific items down to specific family members or evenly divide your assets among them? Maybe you will […]

Ten Things to Know about Appointing a Power of Attorney

Illinois citizens have the right to appoint an agent to make property, financial, personal and health care decisions on their behalf. This is called a power of attorney. The principal will generally specify the event or time upon which the agency will begin and end. He or she will also indicate the mode of revocation […]

Naperville Lawyer Talks About New Illinois Estate Planning Laws in 2015

Several new estate planning laws  took effect on January 1, 2015 and include the following: An amendment to the Illinois Probate Act was made which changed the probate rules for minors with short-term guardians. When a child inherits property, a court will typically appoint a guardian to represent a child’s interests. However, a court does […]