Updates, News and Reminders

Blog Categories

Blog Categories

Successor Trustee and Agent Changes

February 11, 2025      by: tlaw

Successor Trustee and Agent changes are a few critical changes to note in 2025 for your estate planning.

Nursing Home Primary Support Person

February 4, 2025      by: tlaw

Possible repeal of federal mandate to pursue families and estates for repayment of Medicaid

Avoiding Probate

October 6, 2024      by: tlaw

Probate: A grueling, neverending process that tears families apart. When someone passes away, there are numerous different things that the family has to deal with. If the deceased only had a Will when they passed, their entire estate would have to go through probate, which means that the Will must be proven in a court … Continue reading Avoiding Probate

Medicaid Payback Rules Relief

August 4, 2024      by: tlaw

Possible repeal of federal mandate to pursue families and estates for repayment of Medicaid

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Digital Assets and Your Estate Plan

July 8, 2024      by: tlaw

Cybercrimes are projected to increase by 15% annually and rise to an annual cost of $10.5 trillion in 2025.

Asset Protection for Your Home

June 6, 2024      by: tlaw

It is often shocking to discover how vulnerable your most valuable asset is to being lost. Yet, a few simple, inexpensive asset protection steps can protect your home.

Cybercrime: 2024, how are you vulnerable?

May 18, 2024      by: tlaw

Cybercrimes are projected to increase by 15% annually and rise to an annual cost of $10.5 trillion in 2025.

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Series LLC Benefits

May 17, 2024      by: tlaw

A Series LLC is a form of a Limited Liability Company (LLC) that combines a corporation’s and a partnership’s features to form a separate business entity. This combination of features protects an LLC from personal liability for business debts of a corporation and the pass-through tax structure of a partnership or sole proprietorship.

The Corporate Transparency Act

May 4, 2024      by: tlaw

Beginning on January 1, 2024, the Corporate Transparency Act requires each entity that qualifies as a “reporting company” to file a report (BOI Report) with the Department of Treasury’s Financial Crimes Network (FinCEN), identifying information about each “beneficial owner”, and each “company applicant

Illinois Living Trust: Secure Your Legacy with an Essential Guide

March 15, 2024      by: tlaw

An Illinois Living Trust can be an essential tool for your estate plan. This article provides a solid starting point to make this challenge more manageable, giving you a general overview of what you need to know and consider when creating a living trust in Illinois.