Updates, News and Reminders

Agencies across the country have made tremendous progress in recognizing the importance of officer wellness

When people hear “estate planning,” they usually think about money and death. What estate planning actually does

Estate planning is not just for retirement. For first responders, it’s something that should be done early and done right.

Tuohy Law Offices can help first responders qualify for a financial grant toward a Living Trust estate plan – in addition to our first-responder 1/3 discount.

Scams from AI-generated human voice calls from your bank, app refunds from Zelle and PayPal, and subscription renewals are increasing

Whether you are a new parent, have a growing family, or are a grandparent, now is a good time to protect children’s financial resources

Hiring an estate planning attorney in Chicago for a basic living trust typically costs between $2,500 and $6,000.

Knowing whether you are subject to estate taxes or if your estate must go through probate can significantly impact your family.

Trust decanting is a significant part of the Illinois Trust Code, which governs Trusts within the state of Illinois. Decanting refers to transferring assets from one Trust to another due to changing circumstances. These changing circumstances may include a multitude of factors. This can include anything from changes in tax law to an unforeseen event … Continue reading Trust Decanting

The Spendthrift Clause is an important and integral component of your Living Trust. This clause protects future Trust benefits from most creditors and spouses, as well as limiting how the beneficiary can reach assets. This provision helps protect a beneficiary who may not be the most financially responsible, for one reason or another. The beneficiary … Continue reading Spendthrift Clause