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What Happens to My Leased Car If I Die Before the Lease Term Ends?

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

After a house, a car is often the second-most valuable piece of property a person owns. About 15–20 percent of new vehicles are leased rather than purchased and financed. Leasing is a popular alternative to traditional financing because it can allow the lessee (the...

What Not to Include in Your Estate Planning Documents

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

One important purpose of estate planning is to facilitate the transfer of ownership of your money and property to your family and loved ones when you pass away. For this transfer to be as stress-free and efficient as possible, it is crucial that estate planning...

Property Sisters: Is A Pour-Over Will For You?

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Living Trusts, News, Palos Park Property Sisters, Wills & Trusts

Wills and trusts are the two basic legal instruments that people use to pass accounts and property on to their loved ones at death. Although a revocable living trust is often used in place of a will, the two are not mutually exclusive. You can have both a will and a...

Sometimes Stuff Is the Most Important Part of Your Estate Plan

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Client Relationships, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

Most people usually think about who will receive their retirement and bank accounts, life insurance proceeds, real estate, and other valuable possessions upon their death. However, a person’s personal property (their stuff) can also be a source of value that needs to...

Questions You Should Ask Your Estate Planning Attorney

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

Creating an estate plan is a personal and often emotional undertaking, making the selection of your estate planning attorney of the utmost importance. Here are some questions you should ask your estate planning attorney to determine if they are the right person for...
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