After a person passes away, his or her executor is responsible for managing the estate’s assets, determining what taxes are owed and paying them, distributing any assets to the beneficiaries and determining what debts need to be paid. While working with their Illinois estate planning attorneys, many wonder if they should name on...
Sure, you can print forms for a Will, Powers of Attorney for Health Care and Property, and a Living Will from the internet and fill in the blanks yourself. You can even prepare your own Living Trust using a form you find online, but do you really know what these forms will mean to you and your family...
In January of this year, an Illinois college student was studying abroad in Rome. According to the Chicago Tribune, the 20-year-old was seriously injured as the result of a fall. He has undergone several surgeries and remains hospitalized. The young man’s parents have flown to Italy to be with their...
An Illinois man left a death benefit of more than $400,000 when he passed away suddenly from a heart attack. According to The National Law Review, the beneficiary on the policy was the man’s wife, to whom he had only been wed for a few years. The man’s grown children from another marriage cla...
A retired school custodian and World War II veteran struggled with medical problems, such as diabetes and high blood pressure. According to Forbes magazine, the 88-year-old made his daughter his health care power of attorney. Prior to a surgery to amputate her father’s legs, the young woman told hospital staff that her fat...
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