The Need for a Will and a Trust in Estate Planning

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Family Law Attorney

A comprehensive estate plan will have both a will and trust to ensure all financial and physical assets are distributed in an orderly manner after the death of an individual. The process of estate planning and the forming of trusts is currently covered under the Illinois Trusts and Trustees Act. However, starting January 1, 2020,

Ways to Avoid a Foreclosure

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Real Estate Attorney

Due to financial difficulties and hardships, there may be times when we are unable to pay our mortgage payments on time. Submitting payment past due dates on a regular basis or skipping payments not only leads to additional fees – it can also lead to potential foreclosure. When a foreclosure process starts by a real

Can I Do My Own Estate Plan? If So, Do I Want To?

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Estate Planning Attorney

Do-it-Yourself or DIY is well-known to apply to any task or project you start and finish all by yourself. When we say DIY, the first image that pops up in your mind might be of someone visiting a local hardware shop with a few bruises on their fingers buying equipment and supplies to finish their

Estate Planning Guide for Spouses Seeking Legal Separation

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Estate Planning Attorney

Estate planning can be fairly simple when two spouses are happily married and living together, provided that their financials are in order. However, when a couple is seeking to part ways, complexities may arise when planning their estate as there are additional factors that require consideration. Furthermore, if a married couple is opting for a

Estate Planning –Setting Your Affairs in Order

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The average lifespan of a human being in the United States is around 78 years. Some die before they turn 78 while many are lucky enough to live longer. Preparing for an eventuality such as death is quite a practical and reasonable thing to do. While one may find it difficult to mentally prepare him/her