In general, a testator in Illinois can disinherit anyone – including a spouse. In fact, Illinois is one of the few states that allow married people to use estate planning techniques to ensure there is no eligible property left for surviving spouses claiming renunciation shares. Under Illinois law, however, excluded spouses may still be able to claim a portion of the probate estate. Prenuptial Agreements Take Precedence When the terms of a prenuptial agreement conflict with a will in Illinois, … [Read more...]
Prepare An Exit Strategy Before You Sign that Contract
Every entrepreneur should develop an exit strategy to limit losses and ensure the business owner has the ability to sell… READ MORE
