How Does Guardianship Work?
If you haven’t had any experience with guardianship for adults with dementia, likely, you don’t understand just how complex it is. You are not alone.
Can Estate Plan Be Created without My Spouse?
I’m looking for guidance on where to start with planning in case something happens to me or my husband.
The Basics of Estate Planning
Estate planning might sound like something just for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about.
What Is the Purpose of a Guardian?
Few will argue that the most important time to have a will is when you are parents of young children.
What Is an Estate Plan?
Nobody wants to think about how their loved ones will cope when they die. However, it’s important to plan effectively to ensure a smooth transition of your wealth and worldly possessions — even if you’re young or feel like you don’t have much to leave behind.
What Is the Purpose of a Guardian?
A frequent concern for those with aging loved ones is the future need for guardianship. Unfortunately, the concept of guardianship can be confusing and overwhelming.
What Should I Do with an Alzheimer’s Diagnosis?
Almost half a million new cases of Alzheimer’s disease will be diagnosed this year in the United States, according to the BrightFocus Foundation. Worldwide, someone develops some form of dementia every three seconds.
Why Is It Important to have an Estate Plan?
The new Federal Estate tax limit (above which Federal estate taxes will be payable) is $11,200,000.00 per person. Yes, most of us will not hit that limit, but 19 of the 50 states, Illinois included, impose an estate tax of their own ranging from .25% to almost 20% of your estate.
Planning for Long Term Care Is Important
What types of decisions have you and your loved ones made, or avoided making, about planning for the years ahead?
Why Is a Will So Important?
The thought of preparing your own will might feel a little daunting, bringing an onslaught of emotions like fear or sadness.