What Happens When You Have a Will, Do You Still Have to Go Through Probate?
Creating a will is one of the most important steps in estate planning. It ensures that your assets are distributed according to your wishes, but[…]
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[…]
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,[…]
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