Estate Planning Basics

Learn the essentials around planning and protecting the future for your family and loved ones.

Power of attorney requirements in Illinois: Types, limitations, and requirements

Power of attorney can help ensure that your financial and healthcare matters are taken care of if you can't be present to sign documents, or if you…

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How divorce affects your estate plan

A final divorce decree settles the financial and legal issues between you and your ex, but it doesn't change your estate planning documents. Find out…

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How to remove a trustee from a family trust

If you are the creator, a co-trustee, or a beneficiary of a family trust and you believe a trustee is not acting properly, there are ways to go about…

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What is the difference between an estate executor and a trustee?

An executor distributes assets under the probate court's supervision, while a trustee may manage an estate for many years and even for life.

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Living trust: Trustor vs. trustee

Are you thinking about setting up a living trust? If so, you need to understand the difference between the trustor and trustee, how the two are…

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Naming a trustee in your deed of trust

If you're using a deed of trust to secure borrowed money, you need to understand the role of a trustee. Find out who can play this vital role in your…

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Reasons to appoint a co-executor of your will

An important part of estate planning is selecting an executor for your will. In some situations, it may be a good idea to designate two or more co-…

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Including digital assets in your estate plan

In the event of your death or disability, what happens to all of your online accounts and the data stored on your electronic devices? Find out how to…

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Transferring power of attorney

Transferring power of attorney from one person to another isn't always possible, but it can be done under a specific set of circumstances.

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Using a survivorship deed

If you want to avoid the probate process, consider using a survivorship deed. Is this estate planning tool right for you?

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