Selling Estate Assets to Pay Claims

Many people die with some debt, whether it is credit card debt or unpaid utility bills. The executor is tasked with paying valid claims that have been submitted in a timely manner. When the estate has cash in it, then it is relatively easy for the executor to pay the claims. Problems can arise, however, […]

Life Changes That May Require an Estate Plan Update

If you have already developed an estate plan, congratulations! You are in the minority, but you have taken the steps toward providing security for your loved ones. However, it is also important to understand that there are certain situations or life changes that may require you to update or make amendments to your estate plan. […]

Naperville Estate Planning Lawyer on How Filing for Bankruptcy Can Affect Estate Plans

When debts become overwhelming, a person may have no other choice but to file for bankruptcy. Through bankruptcy, an individual may find relief from crushing debts and enjoy a fresh start. However, bankruptcy may also have an effect on estate plans. If you are struggling financially and are considering filing for bankruptcy protection, you might […]

Naperville Estate Planning Attorney on Discussing Your Estate Plans with Your Adult Children

As an estate planning lawyer with over 40 years of experience, I am still surprised by the number of people who do not have a last will and testament or any other type of estate plans. Estate planning allows you to make your own decisions about how your hard-earned wealth and important family heirlooms are […]

Naperville Estate Planning Lawyer Talks About the Reasons People Put Off Estate Planning

If you are being honest with yourself, you most likely realize that it would be best for you to have some type of estate plan in place. At the very least, you should have a last will and testament. Most of us understand that it is generally better to make our own decisions regarding our […]

Naperville Estate Planning Lawyer Talks About the Risks of Do-It-Yourself Wills and Estate Plans

While the internet has been around in some form since the late 1960s, its expansion in the last three decades has literally changed the world. Today, almost every part of our lives is or can be connected to the internet, including our education systems and even our household appliances. In my practice as an attorney, […]

Naperville Estate Planning Lawyer Discusses Reasons You Might Wish to Avoid Probate

In my numerous years as an estate planning attorney, I have helped many people achieve their personal and financial goals through a personalized estate plan. Whether it is drafting a will, trust, guardianship, or other estate planning document, having a comprehensive estate plan puts you in control of personal decisions instead of leaving these important […]

Naperville Estate Planning Attorney Discusses Contesting a Will Due to Lack of Testamentary Capacity

According to the law, a person cannot enter into a legally binding contract such as a will or trust if they cannot fully understand what they are agreeing to. Many wills have been contested by family members who had concerns about their deceased loved one’s testamentary capacity, or cognitive wellness. In my experience as an […]

Naperville Lawyer Discusses Some of the Most Common Estate Planning Mistakes

Estate planning is similar to flossing, eating healthy, and doing your taxes. We know it is a necessary task which has great benefit, but we sometimes procrastinate or find reasons not to do it. In fact, less than half of Americans have a will, trust, or other estate planning instrument in place. In my experience […]

Keep These Considerations in Mind When Choosing an Estate Planning Attorney

Although it can be a challenging topic to address, estate planning is critically important for those who wish to have a say in how their property and assets are handled upon their death. A comprehensive estate plan can also allow you to decide things like what type of medical care you want and do not […]