BLOGS

SIMPLE WILL UPDATES MAY NOT BE ENOUGH

It happens all the time. Clients call to book and appointment for a “simple Will update”. Maybe you have a Last Will and Testament (a “Will”) that you signed 15 years ago when your kids were little. Perhaps you created Revocable Living Trusts when the estate tax laws were much different than they are today. It could be that your Health Care and Property Powers of Attorney were signed before Illinois made substantial changes to these forms, and they may not include any additional powers or instructions that could help if you are inca...Read More
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SUMMER’S OVER—TIME TO PLAN!

Labor Day Weekend is behind us – Those lazy summer days are over and those beautiful summer evenings are numbered.  If you have school-age children, you’re back to early mornings, helping with homework, and shuffling them to and from after-school practices and activities.  If you don’t have young children, the yellow buses on the roads and Friday night lights remind you that school is back in session.  It’s that time of year where life is back on schedule.  We have cooler nights and the promise of fall colors, pumpkin patches an...Read More
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August 1st is Respect for Parents Day.

There may or may not be a Hallmark card for this, but this is something in which we should all partake. If you are fortunate enough to have parents in your life (yes—this includes your in-laws if you’re married!), it is important to watch out for them, as they did for you when you were growing up.  As your parents age, they may need more help understanding what their doctors are telling them, remembering to take their medication, getting around to buy groceries and visit their doctors and friends, pay their bills and navigate throug...Read More
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Independence Day

Fourth of July is right around the corner. It’s a day filled with fireworks, parades, BBQ, and just lots of fun with family and friends! Take a minute to recall what we are really celebrating – the independence of this great country. What does independence mean to you? For most of us, it means we are in charge of our own lives. We make our own decisions – good or bad, right or wrong. We can do what we want, when we want, and with whom we want (within the limits of the law, of course). It also means that you can choose who will m...Read More
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ESTATE PLANNING MISCONCEPTIONS AND MISTAKES – PART 2

Last month, we started listing the Top Ten Most Common Misconceptions and Mistakes that people make in estate planning. Over the years, our clients have shared with us what they have heard and what they understand to be the law and believe to be good planning for their disability and death. This information comes from the Internet, television, newspaper or magazine articles, and friends or family members (some of whom may even be lawyers). One problem with gathering information this way is that, while the information may be correct, what ma...Read More
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