While most of us will never be in a position to lose $145 million, the lesson behind this is a cautionary tale for us all. According to CNN.com and this article, a CEO of a cryptocurrency exchange recently… Read More
free will help
What Will Happen to Your Children?
The last few posts have addressed the issue of what happens to your property and money when you die, but what about what would happen to your children? One of the most important questions to address is what… Read More
This Is The Most Confusing Illinois Law Regarding Wills
Understanding per stirpes distribution of assets upon death can be daunting. Illinois uses a rule called per stirpes distribution. Understanding this rule is important to understand how property is distributed if a person that would have normally received… Read More
Can the government inherit your estate?
Can the government inherit your estate? It is very unusual to have to go beyond grandparents and their descendants to find an heir to an estate. If this is necessary, the representative of the estate continues to go… Read More
Estate Planning With No Descendants
What if you pass away, but have no spouse or descendants? If you die leaving no spouse and no descendants, but you do have parents or siblings, the estate goes to the parents and siblings in equal shares…. Read More