A living trust generally provides instructions on how to manage your assets and property while you are still alive. After the trust’s execution, you and your beneficiaries may begin to derive income or other benefits from the assets and properties contained within...
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Principled Advocacy For Families And Individuals With Disabilities And The Professionals Who Serve Them
Month: November 2020
Warning signs your aging loved one needs a guardianship soon
If your parents are past retirement age, you probably want nothing more than their health, dignity and security as they enjoy their golden years. Unfortunately, age can take away both health and independence, especially for those who develop cognitive symptoms due to...
Estate planning and minor children
If you are the parent of a young child, you likely have many different issues to take into consideration on a daily basis, from concerns related to your child's education to financial matters (such as the cost of medical care they need). However, it is important to...
How does estate tax work in Illinois?
When planning your estate, you should consider the tax implications for you and your beneficiaries. While Illinois does not have an inheritance tax, your estate may be subject to federal and state estate taxes. Review the factors that affect estate taxes in Illinois...