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Tag: Estate Planning Lawyer

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When Does the Fiduciary Duty Granted by a Power of Attorney Begin?

Under Illinois law, an individual holding a power of attorney is a fiduciary as a matter of law. The person designated as a power of attorney agent owes a fiduciary duty to the principal—the person making the designation.

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Table Rock Lake Home

How to Keep the Family Vacation Home in the Family

Is it time you made a decision on the future of the wonderful getaway that everybody loves but only you maintain?

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Revocable Trust Agreement

When Should I Update My Estate Planning?

Has it been awhile since you reviewed your estate planning strategy? If so, it may require some updating, based on recent changes to laws impacting your tax and retirement planning.

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Estate Planning Chart

Is Your Estate Really as Set as You Think?

You’ve considered how you want your estate to be distributed after you die. Hopefully, you’ve even written a will to make sure your wishes will be followed. So, your estate is planned…right?

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A misty morning in the Ozarks

What Is a ‘Survivorship’ Period?

Survivorship periods don’t usually surpass 60 days. If this period surpasses 120 days, it could put the tax-free estate transfer of assets to a surviving spouse at risk.

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Blended family with kids

Do I Need an Estate Plan with a New Child?

If you have children or are expecting one, you may also want to take the three big estate planning steps that we did.

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Revocable Trust Agreement

Does Your Estate Plan Need a Will or a Trust?

One of the most fundamental choices you can make as you’re thinking about how to pass your assets on to heirs, is whether you hold assets in a revocable trust or more simply give them via a will. Both approaches have advantages, although trusts can provide significantly more benefits.

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n the shore of a lake in Southwest Missouri

Top 10 Reasons To See An Estate Planning Attorney!

It took my husband Mike’s heart attack to force us to recognize the need for having an estate plan. It was not smart. You are smarter than that. Create an estate plan today.

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View of the ozarks in Southwest Missouri

What are Some Good Estate Planning Ideas?

The reality of COVID-19 has forced many individuals to address the ‘what if’ scenarios that were previously unthinkable, or at least the situations that no one ever wants to talk about or deal with.

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A grandfather and his grandson on the bed of their truck

Am I Making Common Estate Planning Mistakes?

When is the last time you updated your will? Could your beneficiaries have changed? If you have a trust, did you actually fund it? Is your plan ready for the new SECURE Act? Here are five mistakes you don’t want to make.

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