Every new year brings new laws and amendments to old laws. One law that has gone through many changes over the years is the Illinois Marriage and Dissolution of Marriage Act (IMDMA). Beginning January 1, 2014, the State Legislature has
Latest from Fox Valley Estate Planning Blog - Page 2
The Initial Attorney/Client Meeting
In keeping with the previous blog about marriage, commitment, divorce and life after a divorce, taking a step back prior to proceeding with a divorce is often a wise course. Often times I, and other attorneys here, have often consulted
Some Simple Estate Planning Do’s and Dont’s
The idea of doing Estate Planning can seem depressing, and thinking about it can be daunting. Who really knows anything about estate planning (other than lawyers and experts)? As with many things, however, confronting those unpleasant feelings can be empowering.
“I Just Need a Simple Will”
If You Have Ever Thought, “I just need a simple will,” Read This Now
One of the common statements I hear from clients is this: “I just need a simple will”. I hear it all the time. According to legal
How Seniors Can Manage Financial Anxiety
Financial anxiety is a common issue for seniors. Many older adults live on fixed incomes and have more expenses than they can easily cover. Moreover, it’s relatively common for people after retirement be uncertain about their financial situation and not
What is the Difference Between a Trust and a Will?
One of the most common questions, and an area of much misunderstanding, involves the difference between a Trust and a Will. I have not addressed the subject in some time, so doing so again seems appropriate.
I will begin with
Family and Future Planning Advice Amidst Uncertain Times
When it comes to protecting your family and loved ones, most parents will do whatever it takes to support their future. Especially during these uncertain times, families and couples are facing tremendous challenges when it comes to their health, mental
Answers to Common Estate Planning Questions
If you have found yourself on this page, you have read the article, How Well Can You Answer Some Common Estate Planning Questions? If you are thinking about doing estate planning yourself using one of the available online estate planning
How Well Can You Answer Some Common Estate Planning Questions?
The Internet has opened up the world for do-it-yourselfers, including the option do your own estate planning. People have saved a tremendous amount of money by “Googling it” and finding how-to videos and instructions on all kinds of things. From
Probate by the Numbers
Anyone who is thinking about estate planning thinks (or should be thinking) about probate. Probate is the term that generally describes the administration of an estate of a deceased person. Probate is also the process for administrating the estate of