Lawyer’s Blog

5 Estate Planning Tips for Blended Families

5 Estate Planning Tips for Blended Families

Divorce and remarriage are common. Blended families bring an extra challenge to estate planning for Chicago area residents, and it’s important to have those difficult conversations with loved ones when contemplating another marriage. Here are five tips to help resolve financial concerns in blended families. Tip #1: […]

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Parents and Grandparents Planning for Minor Children – A Trust May Be the Best Option for Asset Distribution

Parents and Grandparents Planning for Minor Children – A Trust May Be the Best Option for Asset Distribution

A previous blog post discussed guardianship, the first of two issues that affect planning for minor children. This post will look at some ideas for leaving money to minor children. First is the idea that minors cannot really own investments outright. As such, dealing with gifts of […]

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Estate Plans Talk During Holiday Get Togethers

Estate Plans Talk During Holiday Get Togethers

Thanksgiving was just recently celebrated. Christmas and Hanukkah are close behind. The holidays offer great opportunities to get loved ones together for laughter, fellowship and conversation. It might sound dull as a dinner conversation topic, but don’t be surprised if talk about estate plans ensues, particularly why […]

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How to Help Widows with Financial Planning

How to Help Widows with Financial Planning

If you are married or are about to marry, it’s best that both spouses have a full understanding of what assets and liabilities they have or stand to inherit from one another. Not sharing financial details or avoiding the subject creates stress and confusion when one partner […]

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Tips For Minimizing the Effects of the Equifax Data Breach

Tips For Minimizing the Effects of the Equifax Data Breach

The data breach of Equifax, one of the big three major credit reporting agencies, has exposed the sensitive, personal information of 143 million Americans, according to news reports. The breach lasted from mid-May through July, according to Equifax. Hackers gained access to people’s names, social security numbers, […]

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