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April 2018 Archives

What are advantages of creating a charitable trust?

Nonprofits and charitable organizations in Illinois often rely upon donations to ensure their survival. While you are estate planning, you can create a charitable trust to assist the group that you currently support or would like to donate to in the future. In addition to satisfying your need for philanthropy, creating a charitable trust can also provide you with plenty of financial benefits.

What is a guardian at litem?

If your loved ones begin to age to the point of needing guardianship, or if someone in your family is or becomes physically or mentally disabled, you need not worry about their health and safety. Illinois offers the right to appoint a guardianship if a need is determined, with Illinois offering highly progressive guardianship options solely focused on protecting the rights, independence, and well-being of your loved one. One part of the process involved in seeking guardianship for your loved one is working with a guardian at litem - but what exactly is that?

Can a testamentary trust improve control over your business?

When planning for the future, you know nothing is set in stone. While you may wish to establish a trust that ensures your business will be appropriately handled by your family upon your retirement or passing, changing conditions may mean what you wish for your Illinois business and assets today may not reflect your desires five, ten or twenty years in the future. So how can you make use of a testamentary trust to give you more control over your business?

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Mokena, IL 60448

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