Shared custody arrangements can work

Joint custody is not always easy for Illinois parents to make work. They may still be dealing with hard feelings from the divorce and can struggle due to conflict. However, there are ways to set aside the tension and develop a productive co-parenting relationship....

Paying for a child’s college after divorce

One of many things parents in Illinois may need to determine when they get a divorce is how they will pay for their child's college tuition. A parent who has been saving money for a child in a 529 account might want to have the account frozen when they decide to...

How to avoid family fights over your estate plan

People in northern Illinois and southern Wisconsin may know that it is important to have an estate plan. However, they may put off estate planning because they want to avoid family drama. These concerns are not unfounded. Sometimes, heirs believe they are being...

Creating an estate plan that reduces family conflict

Creating an estate plan that reduces family conflict When people in Illinois die without an estate plan, the state determines what happens to their assets. This can lead to family conflict. Therefore, adult individuals may want to consider creating a will. Several...

The benefits of an estate plan

Illinois business owners who do not have an estate plan should consider some of the benefits that an estate plan can afford their businesses and their loved ones. One component of an estate plan is a succession plan, which outlines how a business is going to be run or...

How wills and trusts differ in an estate plan

People in Illinois who are creating an estate plan might wonder whether it would be better to use a will or a trust. A last will and testament takes effect when a person dies and names an executor to distribute property to beneficiaries and administer the estate. A...