by Eileen Kerlin Walsh | Dec 15, 2025 | Blog, Client Relationships, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
12 Steps to Guide Your Clients Through Estate Planning This Holiday Season “On the first day of Christmas, my true love gave to me a partridge in a pear tree.” —The Twelve Days of Christmas The popular holiday tune “The Twelve Days of Christmas” was inspired by the...
by Eileen Kerlin Walsh | Dec 15, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Palos Park Property Sisters, Real Estate, Wills & Trusts
The United States is in the midst of the largest generational wealth transfer in history. Over the next few decades, baby boomers are expected to pass down an estimated $84 trillion in money and property,[1] around $18–19 trillion of it related to residential real...
by Eileen Kerlin Walsh | Dec 15, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Personal Development, Wills & Trusts
The term homestead may seem like a throwback to pioneer days, but homestead exemption laws are directly relevant to today’s estate planning and can play a valuable role in a modern plan. Almost every state has some form of homestead exemption law primarily focused on...
by Eileen Kerlin Walsh | Dec 15, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Personal Development, Wills & Trusts
Creating an estate plan is a huge accomplishment. However, your work is not done when the documents have been signed. You must still ensure that the chosen strategy gives you peace of mind and protects the legacy you have worked so hard to build. An estate plan is not...
by Eileen Kerlin Walsh | Dec 15, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Personal Development, Power of Attorney, Wills & Trusts
The United States imposes a federal estate tax at death, which is based on the total value of the deceased person’s estate (everything a person owns at the time of their death) and is paid from the estate itself. In addition to the federal estate tax, some states...