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By : Bott & Associates

“Last Will and Testament” vs. “Living Will”

Estate Planning LawyerClients sometimes approach our firm to purchase a specific docu...

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7 Steps to Creating a Will

Estate Attorney

When creating a will, many people do not know where to start - especially if they decide to write their will themselves without the help of an Read More

It’s Not About the Paper

Estate Planning Lawyer in Palatine, IL

There is a saying that goes “penny wise pound foolish.” Prospects tend to want the cheapest attorney to put together their Wills. The reality is the service you are paying for is n...

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What Are the Duties Of a Trustee?

 Estate Planning Lawyer

When someone creates a trust, they are wisely thinking ahead to when they may not be around, ensuring that someone they can rely on will take care of their assets and property. However, if someone has just named you a “trustee” or eve...

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Will Your Estate Be Required to Go Through Probate?

Probate Lawyer

If you’re thinking about estate planning, chances are you’ve already come across a seemingly scary word: Probate. What Is Probate?Probate is the court-supervised process of authenticating t...

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No Crystal Ball

A couple of years ago I heard about a car accident in a nearby neighborhood. A ...

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One Trustee vs. Co-Trustees – What is the best option?

Often clients choose 2 or more children to act as...

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What Happens If You Die Without a Will?

Estate Law Lawyer

It can be daunting to think about creating a law will and testament in the event of your death. Taking into account your assets and considering your beneficiaries can seem like a monumental task when you don’t know where to begin. Let’s sta...

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Should I Create Trusts for My Grandchildren?

Trust Lawyer

If you are a grandparent, you are likely deeply invested in your grandchildren’s wellbeing. To that end, you may have questions about how you can best financially support them as they grow and their needs evolve. Whether you are interested in pr...

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15 COMMON REASONS TO CREATE AN ESTATE PLAN

Estate Planning Lawyer Palatine, IL

 You don’t have to be a millionaire to benefit from an estate plan. Reasons to create an estate plan are as unique as the individuals who create them. If you own a home, have minor children and/or grandchildren, g...

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Which Costs More: Probate or Trust Administration?

Estate Planning Lawyer Rolling Meadows, IL

A Living Trust can help you avoid probate, but does it really save you money? Let's compare the cost of administering a Trust with the cost of probating a Will.There is no ...

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ARETHA FRANKLIN, QUEEN OF SOUL – WHAT COULD HAVE BEEN

The Queen of Soul, Aretha Franklin, died in August at the age of 76. As tragic as it is, I find it more tragic to learn that she died without a Will. Having been an estate planning attorney for over 20 years, my stomach aches every time I hear about this. According to a NY Times article, Aretha w...

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