What Is A Testamentary Trust?

A trust is when someone, (often referred to as the grantor or trustor), transfers ownership of the property to a...

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FAQs Do I Have to Divide My Estate Equally Between My Children?

You have the right to distribute your assets any way you choose. Illinois law does not require you to divide...

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Proposed New Illinois Elder Abuse Law

A new proposed Illinois elder abuse law to prevent and stop abuse was sent to Gov. J.B. Pritzker’s desk on...

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Do I Need To Appoint a Personal Representative?

A personal representative or an executor is someone named in a will to administer the decedent’s probate estate. Your will...

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What Is Real Estate With a Transfer On Death Instruction?

If you own real estate, a transfer on death deed (TOD) is an easy way for you to pass your...

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Benefits of a Durable Power of Attorney

When you sign a power of attorney (POA), you are empowering someone else to act on your behalf under specific...

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How Can I Prevent Challenges To My Will?

I'm preparing my will. I know some of my family won't like the way I'm distributing my assets. How can...

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Family Conflict Is #1 Threat to Estate Planning

According to a 2019 survey by TD Wealth, the three biggest threats to estate planning in 2019 are family conflict,...

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What Is A Charitable Leads Trust?

A charitable lead trust lets you to support your favorite cause and also provide for loved ones after your passing....

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Illinois Estate Tax FAQs

Planning for the future of your loved ones is a big responsibility, and can seem overwhelming. Estate planning to protect...

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