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Principled Advocacy For Families And Individuals With Disabilities And The Professionals Who Serve Them
As you make your estate plans, you may wonder if you’re allowed to leave one of your would-be-heirs out of that will entirely. You do not want to leave your assets to them, even if they expect it. Regardless of your feelings, they have a claim to your estate as a...
Your estate plan gives you a lot of tools. You can decide what to do with your assets, pick a guardian for your children (if they’re still minors), make your medical wishes known, and much more. When people think of leaving money in a will, that’s just the tip of the...
It’s all too common for people to put off estate planning – even when they’re in their senior years. If you have parents who have still not done this, you may be getting anxious about them not having any estate planning documents in place and wondering what you can do...
As you age, there may come a time where you cannot take care of yourself. Whether from mental or physical limitations, it can become difficult to manage financial accounts while also trying to keep on top of your physical health. In these circumstances, the elderly...
Very large estates are subject to federal estate taxation. Even modest estates of those with real estate holdings or a business in their name could be subject to Illinois estate taxes. Planning ahead is crucial for those who want to limit their tax liability after...
When you create a trust as part of your estate plan, you take control over what ultimately happens with your legacy. If all you have in your estate plan is a standard will, your authority over your legacy ends when your executor distributes property to your family...
A special needs trust can be an amazing lifeline for someone with special needs. It’s a way to provide them with additional assets and support without affecting their local, state or government benefits. Since many people with special needs outlive their parents or...
People associate estate planning with reaching a certain age. Young, healthy adults often assume they don't have to think about estate planning for a couple of decades or can at least wait until they have children. That attitude is on the one hand understandable but...
Finding out that your loved one has a debilitating medical condition may cause many different emotional reactions. You may feel anxious about their future and worried about whether you will have the same condition eventually. You may also fear that your loved one will...
Those with more assets than they need for retirement may start worrying about the financial implications of their property. When someone with substantial personal property dies, their executor and beneficiaries may need to pay estate or inheritance taxes. Having a lot...
