There’s not a thing you wouldn’t do to help them. But I also know that what’s in your heart is not enough. At this stage of your life, preparing these must-have documents is one of the most profound ...
As a general concept, estate planning allows an individual to plan not only for what happens to his or her estate upon death, but also how his or her affairs are handled during life. There are certain ...
It’s been said that there’s “no time like the present.” That’s especially true when it comes to your estate plan. Even though ...
The following is a summary of some of the key legislative and judicial updates from Illinois in 2024. Control and Protection ...
If you are not familiar with your estate plan or haven’t reviewed it recently, you are not alone. Many families execute documents and there is no need to change them for years. As you finalize ...
Your estate-planning attorney is likely to provide you with a worksheet to document your assets and liabilities, but it’s helpful to collect this information in advance. Step 3: Identify Key ...
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Steps to create an unmarried estate plan 1. Draft a will: The most basic and essential document in estate planning is a will. In your will, you can specify how you want your assets to be ...
Consult with your attorney about including the following documents in your estate plan. A will is the document that contains a written statement of your instructions regarding your estate.
Understanding how the basis step-up rule operates is important for navigating the complexities of estate planning and taxation ... Community property is a form of ownership available to married ...