by Eileen Kerlin Walsh | Aug 12, 2022 | Blog, Common Questions, Education, Kerlin Walsh Law, Palos Park Property Sisters, Real Estate
A record 64 million Americans now live in a multi-generational home, according to a Pew Research Center report, up from 32.2 million in 1950. There are multiple reasons for this shift: the increasing cost of long-term care and, of course, rising housing prices. For...
by Eileen Kerlin Walsh | Aug 10, 2022 | Blog, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Power of Attorney, Wills & Trusts
With couples of similar ages, planning for the future is naturally a joint effort. However, if you are married to someone who is significantly older or younger than you, the future can look different and mean different things to each of you. To protect yourself, your...
by Eileen Kerlin Walsh | Aug 10, 2022 | Blog, Client Relationships, Common Questions, Estate Planning, Healthcare Decisions, Kerlin Walsh Law, Living Trusts, News, Power of Attorney, Wills & Trusts
As a single individual, you may feel overwhelmed when you think about who will step in and make decisions for you if you cannot make decisions for yourself and who will receive your money and property when you die. You may consider your parents or siblings, but...
by Eileen Kerlin Walsh | Aug 10, 2022 | Blog, Common Questions, Estate Planning, Kerlin Walsh Law, Wills & Trusts
A spouse’s death creates a difficult and demanding time for the surviving partner. As much as you might want space and time alone to process your grief, you may have certain responsibilities related to settling your deceased spouse’s affairs, including paying off...
by Eileen Kerlin Walsh | Jul 26, 2022 | Blog, Estate Planning, Kerlin Walsh Law, Wills & Trusts
Studies have shown that the largest contributing factors to generational loss of wealth are a lack of communication and trust among family members and the failure to prepare heirs.[1] Often, fear is what underlies the lack of communication and trust that inevitably...
by Eileen Kerlin Walsh | Jul 26, 2022 | Blog, Common Questions, Education, Kerlin Walsh Law, Palos Park Property Sisters, Personal Development, Real Estate
Selling a Deceased Loved One’s Real Estate: Things You Need to Know After the death of a loved one, such as a parent, there are a variety of tasks that must be handled to wrap up your loved one’s final affairs. Selling your deceased loved one’s real estate is...
