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Why is it important to have a power of attorney

When planning for the future, many people focus on creating wills or setting up trusts, but a crucial aspect often overlooked is establishing a power[…]

What happens when you die without a will, Illinois has some specific rules the courts will follow to distribute your assets as they see fit.

Title: What Happens If You Die Without a Will in Illinois?

Facing the reality of death is never easy, but planning for it can make the process smoother for loved ones left behind. One important aspect[…]

Using Donor-Advised Funds to Cut Down on Your Tax Burden With Your Estate

What is a Donor-Advised Fund? Donor-advised funds (DAF) are a philanthropic vehicle established at a public charity that allows donors to make a charitable contribution,[…]

When you die and there is no will

When someone dies without a will, they are said to have died "intestate." In Illinois, as in other states, the distribution of a deceased person's[…]

Saving Tax Debt With Bunching Strategies for Charitable Gifts in Your Estate Plan

In recent years, charitable giving has become a crucial component of financial planning for many individuals and families. With the changing landscape of tax laws,[…]