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Legal Capacity Consequences

January 22, 2023      by: tlaw

The American Bar Association defines ‘legal capacity’ as “the ability to perform a task – or make a decision. State laws set out the standards of legal capacity for various tasks – consent to treatment, make a Will, Trust or Deed, and make a gift or contract.

Staying Secure from Cybercrime in 2023

December 20, 2022      by: tlaw

Cybercrime activity targeting computers, computer networks, or a networked device inflicted over $6 billion in damage in 2022.

Gun transfer on death or disability

Firearm Transfers Following Death or Disability

September 18, 2022      by: tlaw

Firearm ownership transfers upon disability or death are covered in the Illinois Trust Code. With the statute, firearm ownership upon disability is fraught with potential issues.

Joint Tenancy

POD and TOD Account Disadvantages

September 18, 2022      by: tlaw

What are POD and TODs? They are an increasingly popular method of providing for the distribution of financial accounts at your death. They are helpful in certain situations; however, there are critical limitations and risks associated with using them.

Image of a gun that can e owned by Gun Trustby joshlsnader from Pixabay

Is a Gun Trust Necessary?

September 18, 2022      by: tlaw

Firearm ownership transfers upon disability or death are covered in the Illinois Trust Code. With the statute, firearm ownership upon disability is fraught with potential issues.

alt="Summer and Travel disaster protections"

Disaster Protection this Summer

July 29, 2022      by: tlaw

Disaster intrudes into our lives without any warning in most instances. Therefore, being prepared and protecting yourself and your family is critical.

alt="Guardianship of older person"

Your Guardianship Risk

June 17, 2022      by: tlaw

The reality is that every one of us is at risk of becoming a ward of the state – under order and control of the court system.

Photo by mohamedhassan from Freerange Stock

Your Summer Checklist

May 21, 2022      by: tlaw

A checklist helps to ensure there are no gaps in your health care, financial, insurance, or estate plan documents.

alt="teenager walking on railing and Health Care Power of Attorney Protection"

Health Care Power of Attorney and Kids

February 14, 2022      by: tlaw

Is it necessary for your children to have a Health Care Power of Attorney document? The short answer is- Maybe

alt="a judges gavel in probate court estate plan dispute"

A Chicago Cop, George Halas, and Prince

January 13, 2022      by: tlaw

What could those three people possibly have in common? Horrendous estate planning.