Property Sisters: Is A Pour-Over Will For You?

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Living Trusts, News, Palos Park Property Sisters, Wills & Trusts

Wills and trusts are the two basic legal instruments that people use to pass accounts and property on to their loved ones at death. Although a revocable living trust is often used in place of a will, the two are not mutually exclusive. You can have both a will and a...

Sometimes Stuff Is the Most Important Part of Your Estate Plan

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Client Relationships, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

Most people usually think about who will receive their retirement and bank accounts, life insurance proceeds, real estate, and other valuable possessions upon their death. However, a person’s personal property (their stuff) can also be a source of value that needs to...

Questions You Should Ask Your Estate Planning Attorney

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

Creating an estate plan is a personal and often emotional undertaking, making the selection of your estate planning attorney of the utmost importance. Here are some questions you should ask your estate planning attorney to determine if they are the right person for...

How Far in Advance Can I Begin My Estate Planning?

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

You can create your estate plan at any time, but many people choose to begin the process sooner rather than later. Why? Because you never know when life-changing medical or financial emergencies can strike that will require someone else to manage your affairs during...

Property Sisters: Home Security Systems and Estate Planning

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, News, Palos Park Property Sisters, Wills & Trusts

Physical security is a big part of feeling emotionally, psychologically, and spiritually secure. A home security system can fit nicely into estate planning goals, providing an extra layer of protection when we are gone—both temporarily and permanently. Incorporating a...

Four Things Your Spouse Should Know Before You Die

by Eileen Kerlin Walsh | Oct 12, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Power of Attorney, Wills & Trusts

It is normal for married couples to share almost every aspect of their lives with each other. But when it comes to death, even the closest couples might become tight-lipped about certain topics. According to one study, half of all couples fail to discuss their dying...