What Does a Power of Attorney Do?

Estate Planning Lawyer A power of attorney is a document you’ll make which outlines an agent who you want to act on your behalf if you are unable to do certain things. This is often when you are incapacitated due…

Planning for Loved Ones with Dementia

Dementia is a sinister ailment that comes with age. It leaves us bereft of our reason and awareness. Unfortunately, we have very little idea of who and when we may fall victim to this condition before it happens. If we…

Is A Beneficiary Designation An Estate Plan?

What is a beneficiary designation? It is a form you fill out that says who will receive some benefit when you die. Even though that should be a serious consideration, most people do not give it any thought when they…

Discussing Estate Planning with Your Family

Planning one’s estate is one thing, but discussing it with family members is often something else. It can be awkward, depressing, and sometimes met with hostility by those who do not want to ponder the possibility of losing a loved…

Different Kinds of Trusts

Different Kinds of TrustsYou might have heard about irrevocable and revocable trusts or special needs trust, but did you know there are more than 30 different kinds of trusts? Many of these are complex and applicable to very specific situations.…

Understanding What a Will Is and What It Does

Will Lawyer Most people have heard of a will, although few people fully understand what a will is used for. If you are planning your estate, this is something essential for you to know. You may have heard that there…

What are Alternatives to the Probate Process?

Estate Planning Lawyer If property goes to probate, then a judge determines how assets are distributed among your beneficiaries. Probate judges are experienced with this, but that doesn’t guarantee that they will make the right choices. Someone who appears to…

Incorporating Your Small Business into Your Will

Small Business Lawyer Rolling Meadows, IL As a small business owner, it’s important that you create a plan for the future to ensure that your loved ones are aware of your wishes when the time comes. Although the creation of…

What Happens When You Die Without a Will?

Wills and Trusts Law Firm When you die without a will, it’s called being intestate. Typically, if you don’t have a will, the estate will be adjudicated through probate court. A judge will appoint an executor to handle the details…