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...
by Eileen Kerlin Walsh | Dec 15, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Personal Development, Power of Attorney, Probate, Wills & Trusts
More couples than ever are building deep, lasting relationships without ever walking down the aisle. Whether by choice, circumstance, or principle, many Americans are opting out of marriage—but not out of commitment. Data indicate that cultural norms regarding...
