Many Illinois residents fail to create estate plans. Some feel as if they do not have enough assets to make creating an estate plan worthwhile. Others neglect to create them because they fear there is a significant time commitment or expense involved. However,...
If you wish to make things easier on your family after your death, then you will need to make sure that you at least have a will in place. When creating your will, you must ensure it follows the law so that there are no issues with validity challenges after your...
Digital assets include everything related to your online life that you established through technology. As reported by Money.com, your estate plan may include instructions for your digital assets. You may outline details for someone to delete your online books, music...
Estate planning is essential if you want to grow your assets and protect them against uncertainty. Choosing who to give your assets to when you die and the circumstances in which your beneficiaries receive your property is what estate planning does. Illinois estates...
Some Illinois residents might not think they need an estate plan for several reasons. People might think if they’re not rich then they don’t need an estate plan, or that they can hold off on it till they’re older. The reality is that estate planning is a crucial part...
Gray divorce refers to the phenomenon of Illinois couples over the age of 50 ending their marriages. It’s estimated that by 2030, gray divorces will triple as more and more older couples call it quits. What’s driving up the rate of gray divorces? Divorce numbers in...
Creating an estate plan allows you to leave your assets and property to your Illinois beneficiaries in the event of your death. However, if you are married for the second or third time and have a blended family, it can make things tricky. It’s important to avoid...
Co-parenting couples in Illinois face many hurdles when trying to successfully raise children together after divorce. Admittedly, the pressures of traveling between two homes, meeting new spouses and adhering to crazy schedules can be hectic for the children involved....
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...
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...
