Updates, News and Reminders
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The Importance of Your Financial Agent
The Illinois Power of Attorney Act provides, in part, that every individual has the right to appoint an agent to make property, financial, personal, and health care decisions for that individual.
Legal Capacity Consequences
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.
Recent Developments in Laws and the New Tax Law
There are a number of developments in the new tax law and other laws to keep in mind as they may impact you and your family significantly.
7 Steps to Take Before 2018
Don’t set aside planning for what is important for you and your families security before the end of the year.
Legal Disability: Avoiding Court with a Living Trust
Simply put, you can be declared legally disabled if someone petitions the court with the allegation that you are not fully able to manage your person or estate.