by Eileen Kerlin Walsh | Apr 25, 2025 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Myth 1: Asset protection planning is only for the wealthy or those with high-risk jobs, such as doctors or lawyers. Fact: Asset protection planning is for everyone. If you engage in any activity that could give rise to a lawsuit (drive a car, employ someone, allow...
by Eileen Kerlin Walsh | Apr 25, 2025 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
Many people believe that asset protection planning is only for wealthy people or professionals susceptible to malpractice claims, such as doctors or lawyers. That is not the case. In today’s litigious society, anyone can be sued. The United States justice system is...
by Eileen Kerlin Walsh | Mar 10, 2025 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Legacy Letter, News, Power of Attorney, Wills & Trusts
How to Pass Personal Stories and Values to Future Generations Don’t stop reading. . . we know that money is inherently very important, but it is also true that while money and property may be the most discussed types of wealth that a person owns, the riches of their...
by Eileen Kerlin Walsh | Mar 10, 2025 | Blog, Common Questions, Education, Estate Planning, Kerlin Walsh Law, News, Wills & Trusts
The short answer is that everyone age 18 and older needs an estate plan. It does not matter whether they are old or young, have built up considerable wealth or are just entering adulthood—everyone needs a written plan to control what happens to the things they own and...
by Eileen Kerlin Walsh | Mar 10, 2025 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Legacy Letter, News, Wills & Trusts
When beginning any type of planning, the person planning should usually start with some preliminary questions. With that said, the following are questions that your client should consider when they are thinking of creating an estate plan. Share the following with your...
by Eileen Kerlin Walsh | Mar 10, 2025 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, News, Palos Park Property Sisters, Probate, Real Estate, Wills & Trusts
A home is often one of the most important assets that people own. Therefore, most people want to stay in their home until they die and then have a loved one receive it. One common way to pass a home to loved ones is through a will. However, transferring property with...
