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Principled Advocacy For Families And Individuals With Disabilities And The Professionals Who Serve Them
For those with a special needs family member, a well-crafted estate plan is essential. Including a special needs trust can help to safeguard your relative's eligibility for government benefits while offering supplemental support. But what happens if you die before...
When it is necessary to protect the best interests of beneficiaries by funding spendthrift trusts, great care should be taken when designating the trustees to oversee, manage and disburse funds to your loved ones. While it might seem easier to appoint a close relative...
There are many components that come together to create a successful estate plan. If you have yet to begin this process, you’ll likely have to create a will and possibly set up and fund trusts. You also have to name someone as the executor of your estate. This person...
People often think that living trusts are only for those with great wealth or complex assets. They also believe they’re difficult to manage. Neither one of these things is necessarily true. A revocable living trust is an excellent estate planning tool for anyone who...
It may someday become clear that a loved one is no longer able to manage their own affairs due to age, illness or incapacity. Illinois guardianship is a legal process designed to protect and support individuals in these circumstances, helping to ensure that they...
Trusts are powerful estate planning tools that allow you to manage and distribute your assets according to your wishes – all the while minimizing probate and tax problems. They’re increasingly popular among people at all income levels when it comes time to engage in...
Making an estate plan is a milestone that many never achieve. So well done if you have made yours. Yet, the initial drafting of a plan is not the end of your preparation for the inevitable. For the plan to stay relevant, you need to keep it up to date. It takes...
A special needs trust is an important component in estate planning for many families with a member who has special needs or a disability. This type of trust is designed to provide financial support to a beneficiary without jeopardizing their eligibility for...
Millions of U.S. adults have not made an estate plan. It is estimated that only a third of the adult population has. While what most people do or do not do will not affect you, in the case of your parents, it will. While you might be worried about talking to them...
As one of your New Year's resolutions, you may have decided to make an estate plan. Drafting an estate plan can be great for you and your family and friends so that there’s no confusion about what to do with your estate after you pass away. However, estate planning...
