When I was a kid, my grandparents had a phrase they loved to throw around: "Shirtsleeves to shirtsleeves in three generations." At the time, I figured it was just one of those old-timey sayings like "Don't count your chickens before they hatch" or "Don't touch the thermostat." But as an estate planning attorney in [...]
You’ve worked hard to build a life of success and security for your family. But without an estate plan, everything you’ve built could be left vulnerable—leading to stress, legal battles, and uncertainty for the people you love most. What Happens Without an Estate Plan? Imagine this: A successful business owner suddenly passes away, leaving [...]
A will is one of the most important legal documents you can have, yet many people delay creating one. If you have significant assets, a blended family, or a professional license, having a comprehensive estate plan is essential to protect your legacy and your loved ones. Here’s when you should consider getting a will. [...]
For high-net-worth individuals, estate planning is more than just drafting a will—it’s a strategic process that ensures your wealth is preserved, protected, and passed on according to your wishes. Unfortunately, even the wealthiest individuals make costly estate planning mistakes that can lead to unnecessary taxes, legal disputes, and financial losses for their heirs. Here [...]
As the flowers bloom and the days grow longer, many of us take this time to refresh our homes, clear out clutter, and start anew. But spring cleaning shouldn’t just apply to your home—it’s also the perfect opportunity to review and update your estate plan. Just like maintaining your property, ensuring that your estate [...]
As a high-net-worth individual, you’ve worked hard to build wealth and acquire valuable assets. But have you ever stopped to consider whether your children actually want to inherit everything you plan to leave behind? While sentimental items and financial security are often appreciated, many heirs find themselves overwhelmed by burdensome assets, outdated possessions, and [...]
Valentine’s Day is all about showing love to those who matter most to you. While flowers and chocolates are classic tokens of affection, consider going the extra mile this year by planning for your loved ones' future through comprehensive estate planning. As a trusted estate planning attorney serving Libertyville, IL, and the greater Lake [...]
Estate planning is vital for everyone, regardless of age or financial status. Illinois law clearly outlines key documents that residents should have in place to protect their assets and ensure their wishes are honored. Proactively creating these documents can save your loved ones significant stress and confusion in the future. Essential Estate Planning Documents [...]
As of January 1, 2025, more than 300 new laws have taken effect in Illinois, impacting various aspects of daily life, business regulations, and consumer protections. From digital driver's licenses to salary transparency, these changes may affect individuals, businesses, and professionals across the state. Below is a summary of some of the most notable [...]
Creating a comprehensive estate plan is a vital step toward ensuring your wishes are carried out and your loved ones are taken care of after you’re gone. However, equally important is knowing how and where to store these critical documents. Proper storage and accessibility are key to effective estate planning. Here are three steps [...]
