How Can Estate Planning Help You Plan for Incapacity?
Most people don’t want to think about the possibility of being incapacitated, especially if they’re in the prime of life. However, the likelihood of becoming incapacitated by an illness or…
How Can Estate Planning Help You Provide for Your Loved Ones?
Estate planning is more than just a legal process; it’s a thoughtful and compassionate way to ensure that your loved ones are well taken care of even when you’re no…
How to Transfer Property Left to the Beneficiaries in an Estate Plan
After a loved one passes away, you must first determine whether you need to open a probate estate in order to transfer property to the heirs. A typical estate plan…
The Importance of Estate Planning for LGBTQ+ Couples
The 1960s in the United States has been described as one of the most divisive decades in history riddled with political movements, antiwar protests, and an emerging generational gap. While…
Introduction to Estate Planning With Sarah Buck
Loredana Lohan: My name is Loredana Lohan and I am a paralegal at Hays Firm LLC in Chicago, Illinois. Today I am joined with Ms. Sarah Buck who is…
Staza Law Estate Planning and Covid Policies
As the country is learning to live with the daily threat of the coronavirus, estate planning remains crucial. Take the time to consider how you would like to be cared for if you become disabled. Who will make decisions for your you when you are no longer able?
The Dangers of DIY Online Wills
It seems in the short run, an online will can save you time and money. The truth of the matter is they can lead to expensive estate planning mistakes.
Case Study on the Uniform Fraudulent Transfers Act
Illinois has adopted the Uniform Fraudulent Transfers Act, which enables a creditor to obtain a court order voiding transfers of money that were made in order to avoid a judgement.
Living Wills – What are they and do I need one?
A living will helps a person prepare for a time in which they are suffering from a terminal condition. These conversations are difficult and emotional for families, however, it is necessary to have them during a time in which an illness or crisis is not occurring.
Estate Planning: Intra-Family Loans
Many of our Estate Planning seek methods to help their family members become financially stable. A popular tool to minimize the tax implications, is to provide money to your loved one with an “intra-family loan.”