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...
by Eileen Kerlin Walsh | Feb 12, 2025 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Probate, Wills & Trusts
Americans often prefer to stay busy. When we are not working, many of us turn to hobbies to keep us engaged and productive. We spend hours each day on our hobbies and leisure activities. Over the course of a lifetime, this time adds up to a significant investment. Our...
by Eileen Kerlin Walsh | Feb 12, 2025 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
Many believe that once one sets up and funds a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a living trust does not provide any unique estate tax avoidance strategies. This article does...
by Eileen Kerlin Walsh | Feb 11, 2025 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Probate, Wills & Trusts
Americans often prefer to stay busy. When we are not working, many of us turn to hobbies to keep us engaged and productive. We spend hours each day on our hobbies and leisure activities. Over the course of a lifetime, this time adds up to a significant investment. Our...
by Eileen Kerlin Walsh | Feb 11, 2025 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
Many believe that once they set up and fund a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a living trust does not provide any unique estate tax avoidance strategies. The primary mechanisms...
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
If you have established a revocable living trust (which we will refer to simply as a trust), congratulations! You are on the right track in creating a comprehensive estate plan. However, you are only halfway there. Many people believe that because they took the time...
