Recent Posts in Probate Category

  • A Lesson From Phillip Seymour Hoffman

    || 10-Mar-2014

    For Clients, Advisors and Community. My staff will tell you that I take pride in writing my own blog articles. I don’t have a ghost writer and I don’t buy a service. This very recent article in “Wealth Management” quoted below is so well written that I can’t possibly do better. Large parts of this blog are taken directly from that article. (“Keeping Up with ...
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  • Sylvia had her estate plan drafted. It was a revocable trust and pour over will. The terms of the trust provide that upon her death, the assets are to be divided between her two daughters, Alicia and Olivia. She made it clear that she wanted everything divided 50/50. The trust was funded with six different bank accounts. She didn’t tell her attorneys about one account. It was a $200,000 ...
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  • On first glance, it looks like the recently signed “Illinois Residential Real Property Transfer on Death Instrument Act” would only interest lawyers, title companies, and the government. In fact, this new law, which goes into effect on January 1, 2012, will allow a majority of our clients to “have their cake and eat it, too”, just by addressing how their residence title is ...
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