by Eileen Kerlin Walsh | Feb 18, 2026 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Personal Development, Wills & Trusts
The United States is in the midst of the largest generational wealth transfer in history. Over the coming decades, baby boomers are expected to pass down an estimated $84 trillion in money and property. Receiving an inheritance can be a meaningful and transformative...
by Eileen Kerlin Walsh | Feb 18, 2026 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Personal Development, Wellness, Wills & Trusts
If you are expecting an inheritance, an estate planning tool known as a trust may prove useful, depending on your circumstances. Among the numerous types of trusts aimed at fulfilling different estate planning purposes, an inheritor’s trust is specially designed to...
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...
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...
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...
