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July 2019 Archives

Family conflict and deciding to remove a beneficiary

When conflict in a family occurs, it can be very difficult for the entire family. Many disagreements are centered around money, property and important assets, and conflict may also arise due to longstanding resentments, disagreement over the decisions a loved one makes, substance abuse and many other factors. In fact, estate plans are the source of many family conflicts, whether siblings disagree over how property is being split up or they are upset with how authority over the estate has been assigned. In some instances, this conflict can be very serious, and may even prompt someone to remove a family member from their estate plan altogether.

Using trusts to protect financially irresponsible heirs: Part 1

Estate planning enables you to control the transfer of your assets in Illinois when you die. You create plans to reduce the involvement of probate court, minimize estate taxes and prevent/minimize creditor access. What can you do to prevent your heirs from squandering away all the fruits of your labor? Though your voice is no longer heard once those assets change ownership, you can structure your estate plans to include provisions when concerns about financial irresponsibility exist.

Probate litigation and sibling disputes

Probate litigation can be challenging for countless reasons, but this process can be especially complicated when sibling disputes occur. There are different reasons why siblings may find themselves in the middle of a difficult dispute, whether they disagree over key issues regarding the way in which an estate plan is being managed or they have struggled with a longstanding rivalry. If you are going through a probate dispute involving one of your siblings, it is imperative to handle the situation properly and do what you can to minimize some of the problems that can arise during these disputes.

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Mokena, IL 60448

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