Latest Blog Posts

Family Values and History Are Still the Best Inheritance

Posted on: May 1st, 2013
According to a recent study, family values, traditions and history still mean more than money as an inheritance....

Should You Disinherit a Child?

Posted on: April 23rd, 2013
Most parents choose to leave their estates equally to their children. But sometimes, parents intentionally choose to not leave anything to a child. There may be what the parents consider to be a legitimate reason: one child has been more financially successful than the others; not wanting a special needs child to lose government benefits; or not wanting to leave an inheritance to an irresponsible or drug-dependent child. Sometimes a parent wants to disinherit a child who is estranged from the family, or to use disinheritance as a way to get even and have the last word....

National Healthcare Decision Day 2013

Posted on: April 16th, 2013
April 16th is National Health Care Decision Day. Advanced Health Care Directives and Living Wills are key components in any effect Estate Plan. If you do not have these documents in place we strongly encourage you to use today to remember to do so. Also, if you have documents in place are they current and up to date? In July of 2011, the State of Illinois made major changes to the Statutory State Health Care Power of Attorney. If your documents are dated before then you may want to consider updating them as well....

Treating Children Fairly Does Not Necessarily Mean Equally

Posted on: April 8th, 2013
Most parents want to treat their children fairly in their estate planning, and many assume that means having their children inherit equally. But fair does not necessarily mean equal. There may be special circumstances to consider....

What and When Should You Tell Your Children About Their Inheritance?

Posted on: April 1st, 2013
Not many parents like to talk to their children about their wealth. How much money people have is usually considered a private matter, something it's not polite to talk about. But not talking to children about how much they may inherit can leave them unprepared to handle even a modest amount...

How To Leave Assets to Minor Children

Posted on: March 25th, 2013
Every parent wants to make sure their children are provided for in the event something happens to them while the children are still minors. Grandparents, aunts, uncles and other relatives often want to leave some of their assets to young children, too. But good intentions and poor planning often have unintended results....