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March 2018 Archives

How to Choose a Good Trustee for Your Estate

One of the most important aspects of creating an estate plan is choosing the right trustee. A quality candidate will be able to perform all the necessary tasks, while also proving to be readily available when the time comes for duties to be carried out. If you're in search of a trustee in Illinois, the AARP recommends the following tips to help you select the best candidate to handle your affairs after you're gone.

What is an inter vivos trust?

When you make your plans for the future, you want to be certain that no matter what happens before or after your passing, your Illinois business is safely handled by those you trust to manage your affairs - usually your family. You may be advised in this instance to set up an inter vivos trust, but what exactly is this type of trust?

How to prepare children to one day take over your business

You started a business to be your own boss and to one day give your children an opportunity to take it over. It is important to remember that passing a company from one generation to the next is a process, not an event. You need to prepare them adequately, or you will find yourself among nearly two-thirds of family-owned businesses that do not last between the transition from first to second generation. 

How Can I Establish Adult Guardianship?

If someone you love is no longer able to care for him or herself, establishing guardianship might be necessary. However, the process can be complex, which why understanding how guardianship works in Illinois is so essential. offers a few helpful tips on how to establish guardianship on behalf of someone you love, which can greatly improve one's quality of life.

What is probate litigation?

Although you may be familiar with the term "probate" as it relates to asset distribution after someone's death, probate litigation is a specific circumstance within this field. Probate courts deal with matters relating to the debts and property of a person who has died.

How Can I Avoid Probate?

If your estate is subject to probate, you run the risk of incurring steep legal costs and delaying the distribution of your assets to your heirs. Avoiding probate is crucial in this case, and there are a few methods you can utilize during estate planning that will allow you to do just that. The Balance has more information on how you can arrange your estate so that probate is no longer a concern.

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Zapolis & Associates, P.C.
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Mokena, IL 60448

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