Blog Posts in August, 2011

  • Time Again to Check Beneficiary Designations

    || 10-Aug-2011

    For Clients, Advisors, Community A recent published case emphasizes the importance of clients checking their beneficiary designations of their retirement plans including; profit sharing, 401(k) and pension — on a regular basis. The general rule is that if the participant is married, he or she must name his or her spouse as beneficiary (unless the spouse signs a waiver in the presence of a ...
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  • For Clients, Advisors & Community In an earlier article, I discussed what a civil union is and how Illinois law affects spouses in a civil union under the new law. There is a major disconnect, however between the Illinois civil union law and Federal law. Illinois recognizes civil unions. Because of the Defense of Marriage Act (DOMA) (defining marriage as a union between a male husband and a ...
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