Non-probate assets are types of property that won't have to go through the probate process after a person dies, and will instead pass directly to the intended heirs shortly after death. Avoiding probate saves time and money, but non-probate property can sometimes pass to unintended beneficiaries and creditors. Careful estate planning is essential to avoid probate and still protect assets from transferring into the wrong hands. Which Assets Are Not Generally Subject to Probate? Transfer or … [Read more...]
Do You Have an LLC or Corporation in Illinois? You May Not Be Protected
Forming an LLC or a corporation protects members, investors, and their personal and family assets from liability for claims of… READ MORE
