Trusts
What Is The Prudent Investor Rule?

Illinois adopted the Prudent Investor Rule to require trustees to invest and manage trust assets as if they were their...

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Can Beneficiaries Replace A Trustee?

A trustee is a qualified person or agent (such as a bank) who is chosen by the deceased or the...

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3 Benefits of An AB Trust

Many married couples set up an AB Trust, also called a Bypass Trust, as part of an overall estate plan...

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How Procrastination Can Damage Your Legacy

Procrastinating in making or updating your estate plan can cause stress to your heirs and loved ones - and damage...

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FAQs: What Is A Living Inheritance?

A living inheritance is giving your children all or part of their inheritance while you are still alive. More and...

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5 FAQs About Generational Wealth

Generational Wealth is a hot topic - but what exactly is generational wealth? Is it only for the wealthy -...

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TODI No Longer Limited To Residential Real Estate

On July 9, 2021, Governor Pritzker signed a bill amending the Illinois Residential Real Property Transfer on Death Instrument (TODI)...

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FAQS: What Is A Credit Shelter Trust?

Do you have assets that you want to leave to your children - but don't want to incur estate taxes...

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FAQs: Do I Need Both A Will and a Trust?

What's the difference between a will and a trust - and do you need both a will and a trust?...

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Is A Will or Trust Better to Provide for An Adult Dependent Child?

If you have an adult child with special needs, you want to secure their future and their long-term care after...

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