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Better to Play it Safe: Proactive Estate Planning and Cognitive Impairment

by Eileen Kerlin Walsh | Sep 14, 2022 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Living Trusts, Wills & Trusts

Most financially savvy individuals begin planning their estate when they’re in peak mental shape. The idea that this might change at some point in the distant future is an unpleasant one, and they would rather go about their Estate Planning as if they’ll be as sharp...

The Property Sisters: The Benefits of Bloodline Trusts

by Eileen Kerlin Walsh | Sep 7, 2022 | Blog, Common Questions, Education, Kerlin Walsh Law, Palos Park Property Sisters, Personal Development, Real Estate, Wills & Trusts

You probably have a good idea where you want your assets to go after you pass away, first to your spouse and then to your children and named beneficiaries. But if you do not engage in proper estate planning, your wishes may not be fulfilled. What is a Bloodline Trust?...

The Property Sisters: What to Know Before Buying a Home With Your Parents

by Eileen Kerlin Walsh | Aug 12, 2022 | Blog, Common Questions, Education, Kerlin Walsh Law, Palos Park Property Sisters, Real Estate

A record 64 million Americans now live in a multi-generational home, according to a Pew Research Center report, up from 32.2 million in 1950. There are multiple reasons for this shift: the increasing cost of long-term care and, of course, rising housing prices. For...

Estate Planning Considerations for Couples with an Age Gap

by Eileen Kerlin Walsh | Aug 10, 2022 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Power of Attorney, Wills & Trusts

With couples of similar ages, planning for the future is naturally a joint effort. However, if you are married to someone who is significantly older or younger than you, the future can look different and mean different things to each of you. To protect yourself, your...

Domestic Partnership and Estate Planning

by Eileen Kerlin Walsh | Aug 10, 2022 | Blog, Client Relationships, Common Questions, Estate Planning, News, Power of Attorney, Wills & Trusts

Does a Domestic Partner Have the Same Rights as a Spouse When It Comes to Estate Planning? The short answer to whether couples in a domestic partnership have the same rights as married couples when it comes to estate planning is probably not. To a large extent, the...

How Can Remarriage Affect Your Estate Planning?

by Eileen Kerlin Walsh | Aug 10, 2022 | Blog, Client Relationships, Common Questions, Estate Planning, Healthcare Decisions, News, Power of Attorney, Wills & Trusts

Divorce is more common now than it was in the past, as is remarriage. Depending on how long a prior marriage lasted, the former couple may have engaged in certain levels of estate planning together. When that is the case, it is important to understand how a subsequent...
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