by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Probate, Wills & Trusts
If your client has established a revocable living trust (which we will refer to simply as a trust), they are one step ahead. They are on the right track in creating a comprehensive estate plan. However, they are only halfway there. Many people believe that because...
by Eileen Kerlin Walsh | Dec 24, 2024 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Probate, Wills & Trusts
Now is the perfect time to start working on an estate plan. As newlyweds, you are likely in the process of deciding which of your accounts and property (your assets) to combine and how to turn two households into one. You may also be setting up new bank accounts and...
by Eileen Kerlin Walsh | Apr 7, 2024 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Probate, Wills & Trusts
While television and movies provide great entertainment, they are not always factual. Even shows based on real events are not entirely accurate. Creators of television programs and movies will often alter details of a story or situation to provide an enjoyable...
by Eileen Kerlin Walsh | Aug 28, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Living Trusts, News, Palos Park Property Sisters, Probate, Real Estate, Wills & Trusts
When turning to renovation projects, there are often implications that need to be properly addressed. When Remodeling a Home in a Trust with a Home Equity Loan Homeowners with a proper estate plan often place their property in a revocable living trust (i.e., a living...
by Eileen Kerlin Walsh | Aug 28, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Probate, Wills & Trusts
When you pass away, your family may need to sign certain documents as part of a probate process in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in your name only and you...
by Eileen Kerlin Walsh | Aug 28, 2023 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, News, Probate, Wills & Trusts
About two out of three Americans will die without a will. This is known as dying intestate. While the reasons for not having a will vary, the end result is the same for everyone: they do not get to choose who receives their property when they die. Instead, their money...
