Planning your estate is something that should be highly important to Illinois residents. Part of your planning should include preparing for incapacity. Because everything in life is uncertain, it’s better to be prepared just in case you are unable to make decisions...
Month: July 2021
How do irrevocable life insurance trusts work in Illinois?
Irrevocable life insurance trusts sound scary and a little confusing at first. The reality is that this type of trust is a useful tool that can help beneficiaries avoid estate taxes. This estate planning tool isn’t for everybody, though. Specifically, irrevocable life...
What are the signs of divorce stress in children?
Filing for divorce is a major, and often life-changing, decision. Even if you are on amicable terms with your current spouse, your children are likely to experience the effects and aftermath of the divorce. When you have children and are going through a divorce in...