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I’ve Created and Funded My Living Trust – What do I Need to do to Maintain It?

February 28, 2019

How to Maintain My Living Trust It is simply not enough to create a living trust, no matter how well designed and drafted. You need to maintain the living trust as well. Changes in your personal and financial circumstances, changes in the law, and changes in your attorney’s knowledge and experience, affect the long-term viability… Read more »

Are My Assets Are At Risk if My Beneficiaries Die?

June 12, 2017

What Happens to My Assets if None of the Beneficiaries Named in My Living Trust Survive Me? Your living trust should include an “ultimate distribution” provision that addresses the unlikely scenario that all of your beneficiaries—typically your spouse, children or grandchildren—do not survive you. What is sometimes referred to as a the “family disaster” provision… Read more »

Do I Need a Living Trust if My Only Asset is a Life Insurance Policy?

April 13, 2017

Do I have to Create a Living Trust? Living trusts are confusing if my only asset is a life insurance policy. What is I name my minor child as the beneficiary, Should I create a living trust still? How do I know if I need a living trust? Estate planning is all about ensuring your… Read more »

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It would be our pleasure to discuss your business, tax and/or estate planning needs.
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2700 S River Rd UNIT 115
Des Plaines, IL 60018
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