Real estate can take on different forms of ownership depending upon the number of parties and the unique circumstances involved. Understanding how your real estate is owned, or “titled,” is necessary because this determines the extent of control you have over your real estate, how susceptible your property is to creditors, and what will happen to it upon your death.
A legacy letter, sometimes also called an ethical will, is a great way to pass on the wisdom that you have acquired and can be one of the most meaningful parts of your estate plan.
It is becoming increasingly common for everyday items like refrigerators, thermostats, and doorbells to be internet-connected making our homes and personal information subject to hacking.
Are you feeling bogged down in a swamp of clutter, deadlines, and incomplete tasks? As we draw closer to the end of the year, make it your goal to do a few simple things over the course of a day or two that will result in increased productivity and peace of mind for 2020.
Jan. 1 is right around the corner. That means the opportunity for a fresh start will soon present itself. In 2020, set a goal that focuses on bettering your overall health, both physically and mentally.
If you or your grown children are part of a blended family, your estate planning should reflect the special considerations and complexities involved.
While the holidays are a time of gatherings with family and friends, they can also be a source of stress, as exercise schedules might be disrupted for shopping excursions and rich holiday meals make it difficult to adhere to a particular diet.
Bankruptcy may be one of the last things on your mind when you are creating an estate plan.
A medical power of attorney is a crucial part of your estate plan that enables you to name a trusted person to make health care decisions for you if needed. It is essential for the person you name to have the information necessary to carry out your wishes for your medical care.
On Monday, December 9, 2019, Huck Bouma attorneys Brett M. Dale and Stephen A. Frost spoke at the Illinois Institute for Continuing Legal Education (IICLE) program, Estate Planning for the 99%. Brett explored the topic of ‘Anticipating Conflict in Estate Administration: Plan for Tomorrow – Today’. Stephen discussed ‘I'm Middle-Class--Why Do I Need to Worry About Estate Taxes?’