by Eileen Kerlin Walsh | May 20, 2025 | Blog, Common Questions, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, Legacy Letter, News, Power of Attorney, Wills & Trusts
Many estate plans contain revocable living trusts that will become irrevocable (cannot be easily changed or terminated) when the trustmaker dies. Such trusts may benefit the surviving spouse during their lifetime and may continue for the benefit of several additional...
by Eileen Kerlin Walsh | May 20, 2025 | Blog, Common Questions, Education, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, News, Palos Park Property Sisters, Real Estate, Wills & Trusts
Fighting over provisions in your will or trust can derail your final wishes, rapidly deplete your financial legacy, and tear your loved ones apart. However, with proper planning, you can help your family avoid a potentially disastrous fight. If you are concerned...
by Eileen Kerlin Walsh | May 20, 2025 | Blog, Common Questions, Education, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Is Outright Distribution the Perfect Fit for Your Loved Ones? Although Americans are living longer and spending more time—and money—in retirement, many parents intend to leave an inheritance to their children. The exact amount can vary greatly depending on individual...
by Eileen Kerlin Walsh | Apr 7, 2024 | Blog, Common Questions, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Family members with special needs may require assistance throughout their lives. If you want to ensure that a loved one with a disability is taken care of after you are gone, you can help manage resources for them by using a third-party special needs trust (SNT). Also...
by Eileen Kerlin Walsh | Apr 7, 2024 | Blog, Common Questions, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Estate planning attorneys and probate and trust administration attorneys play crucial but distinct roles in the legal processes involving legacy planning, asset distribution, and wealth preservation. Estate planning attorneys focus on creating a plan to manage a...
by Eileen Kerlin Walsh | Apr 7, 2024 | Blog, Common Questions, End-of-Life wishes, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Sitting down to create or update your estate plan can be overwhelming. Crucial to a successful plan is your ability to address two major questions: Who will get your stuff when you die? and How do you want those individuals or charities to receive that stuff? Ways to...
