What Is a Pour-Over Will, and Why Do You Need One With Your Trust?

What Is a Pour-Over Will, and Why Do You Need One With Your Trust?

Most people with a Living Trust assume the Trust does all the work. Set it up, fund it, and everything flows the way you intended. Then life happens. A new bank account opened last year, or a settlement check landed after everything else was in place. Maybe you...

Estate Planning After Divorce in Illinois: What You Need to Update Immediately

Most people with a Living Trust assume the Trust does all the work. Set it up, fund it, and everything flows the way you intended. Then life happens. A new bank account opened last year, or a settlement check landed after everything else was in place. Maybe you...

Trust Administration in Illinois: What Happens After Death

When families ask about Trusts, they almost always start with the same question: What is the difference between a Revocable and an Irrevocable Trust, and which do we need? The answer depends on your goals, and choosing incorrectly has consequences that most...

Revocable vs. Irrevocable Trusts in Illinois: Which Is Right?

Most families who set up a Trust focus on creating and funding it, but fewer consider what happens when it must be administered. When a loved one passes, someone must follow the law and carry out the instructions in the Trust. This process can seem daunting, but...

Living Trust vs. Will in Illinois: What’s the Difference and Which Do You Need?

A Will and a Living Trust are both essential estate planning tools, but are not interchangeable. Illinois families who confuse the two may discover the difference at the worst time. Knowing how each document works, what it covers, and its limits is key to a plan that...