Bills and Services to Cancel and Keep When a Loved One Dies

by Eileen Kerlin Walsh | Aug 28, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts

A loved one’s passing is challenging on many different levels. In addition to the emotional difficulty of processing someone’s death, there are also the many tasks that must be dealt with, such as going through their various accounts and taking the necessary steps to...

Property Sisters: Making The Best of Your Empty Nest

by Eileen Kerlin Walsh | Jul 25, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Palos Park Property Sisters, Power of Attorney, Wills & Trusts

When The Kids Spread Their Wings –It’s A Good Time To Evaluate Your Home As your children graduate high school, college, or start their own lives, you have new things to think about as an empty nester. And when it comes to the home, there may be some emotional ties to...

Ways Your Will Can Be Revoked

by Eileen Kerlin Walsh | Jul 25, 2023 | Blog, Common Questions, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts

A will (which should be accompanied by other important documents such as healthcare and financial powers of attorney, as well as an advance healthcare directive) is a foundational estate planning document. However, according to Gallup, only 46 percent of US adults...

Tips for Divvying Up Personal Property

by Eileen Kerlin Walsh | Jul 25, 2023 | Blog, Common Questions, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts

We collect stuff throughout our lives. This “stuff” is known as our personal property. Some items are valuable, like jewelry, baseball cards, and works of art. Other items are sentimental, like grandma’s tea set, old Christmas ornaments, and photographs. Regardless of...

The Death of Raquel Welch and What Her Estate Plan Is (or Might Be)

by Eileen Kerlin Walsh | Jul 25, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts

Raquel Welch, whose acting career spanned five decades, passed away in February at the age of eighty-two. Welch appeared in more than thirty films and fifty television series, won a Golden Globe Award, and has a star on the Hollywood Walk of Fame. However, Welch was...

Investment and Distribution Trustees: Why Would I Need Both?

by Eileen Kerlin Walsh | Jul 25, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts

When creating a trust, it is common to name yourself as the initial trustee who is responsible for all aspects of administering the trust. However, when considering who will take over when you can no longer act (either because of illness or death), it is sometimes...