Tag: Naperville estate planning attorney

Tax Planning in Your Estate Plan

Posted on April 8, 2021

Naperville estate planning attorney

Benjamin Franklin is attributed as having said that only two things are certain in life: death and taxes. The way you structure your estate plan will have considerable tax consequences, so it is important to plan accordingly. There are different tax-related advantages and disadvantages associated with each type of estate planning tool. Failure to plan for estate planning tax consequences can leave your surviving loved ones with unexpected and unpleasant tax-related surprises. An estate planning attorney can explain the potential tax implications and help you minimize your tax liability through […]

Posted in Estate Planning

Preparing for the Unexpected: Living Wills and Death-Delaying Procedures

Posted on January 14, 2021

living will, Naperville estate planning attorneys

The law in Illinois expressly recognizes the rights of its citizens to make their own decisions regarding the medical care they wish to receive, even after the diagnosis or acquisition of a terminal condition. According to the law, a person may choose to have death-delaying procedures withheld or withdrawn in accordance with his or her own personal desires, regardless of his or her ability to make such decisions in the moment. To address these types of concerns, many individuals will utilize a living will to formalize their wishes regarding death-delaying […]

Posted in Estate Planning

Getting Divorced? Be Sure to Review Your Estate Plan

Posted on January 8, 2021

Hoffman Estates estate planning attorneys

If you are going through a divorce, or you feel that a divorce is a strong possibility in the near future, you are probably facing—or are about to be facing—a number of challenges and obstacles. Even in the best 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 even more to worry about. Once your divorce is finalized, however, it is probably time to take another look at your […]

Posted in Estate Planning

5 Important Considerations for an End-of-the-Year Estate Plan Review

Posted on December 21, 2020

Naperville estate planning lawyers

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 2021. This time of year is a good time to do an estate plan “check-up.”  An up-to-date estate plan can ensure that your final wishes are clear, offer peace of mind that your family is taken care of after you have passed, and protect your rights and financial interests. When a person passes away […]

Posted in Estate Planning

Should I Use Incentive Trusts in My Estate Plan?

Posted on October 29, 2020

incentive trust, Naperville estate planning attorney

As you approach the often-difficult topic of estate planning, it is 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 always the case. Some people simply struggle to establish healthy spending habits, and for these people, money tends to burn a hole in their pocket. As an estate planning attorney, I am often asked […]

Posted in Estate Planning

Naperville Estate Planning Attorney Talks About Leaving an Inheritance to Non-Related Caregivers

Posted on April 25, 2019

The question of who gets a person’s assets when they pass away can be tricky, to say the least. Leaving an inheritance to children and grandchildren is usually the norm, but what happens when a person wishes to leave an inheritance to a caregiver? If you have a nurse, companion, home health aide, or personal attendant who is like a family member to you, it is understandable that you might want to include them in your estate plans. However, this can sometimes be a complicated undertaking. Leaving Money to Non-Family […]

Posted in Estate Planning

Understanding Testamentary Capacity

Posted on October 25, 2017

In my practice as an estate planning lawyer, I have helped hundreds of clients draft wills that help provide long-term financial security for their family members and loved ones. I have also assisted a number of beneficiaries and others in contesting wills that they believed did not truly reflect the wishes of the individuals who created them. There are several grounds on which a will contest may be filed in Illinois, and among the most common is the alleged lack of testamentary capacity by a will’s creator. It is important […]

Posted in Estate Planning

The Rights of Surviving Spouses and Dependent Children

Posted on January 26, 2015

Preparing an estate plan is a wise decision. However, even with a valid estate plan in place, your express wishes might not be carried out. For example, Illinois probate law affords special rights to surviving spouses and minor children that could contravene specific provisions in your will. Electing to Take a Statutory Share The surviving spouse has the right to renounce the decedent’s will in favor of taking a statutory (or elective) share of the decedent’s probate assets. This statutory share amounts to one-third of the estate if there are […]

Posted in Estate Planning

Practice Areas

Blogs Sign Up

search

630-756-1160

CONTACT US

Fields marked with a * are required
Napervile-attorne-disclaimer
The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

Providing You With

Peace of Mind
Facebook LinkedIn Twitter Youtube
From our offices in Naperville, Illinois, we handle matters throughout Illinois including DuPage, Cook, Will, and Kane counties and within towns such as Addison, Aurora, Barrington, Batavia, Burr Ridge, Carol Stream, Chicago, Darien, Downers Grove, Elgin, Elk Grove Village, Elmhurst, Geneva, Hinsdale, Hoffman Estates, Lisle, Lombard, Naperville, Oak Brook, Roselle, Schaumburg, St. Charles, Warrenville, Wheaton, and Winfield.
association and logos
© 2021 Gierach Law Firm | 
1776 Legacy Circle, Suite 104, Naperville, IL 60563 | 
630-756-1160
OVC INC
Back to Top