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August, 2019 Archives

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Archives for August 2019

Contesting a Will in Illinois

Posted on August 23, 2019 //

The death of a loved one in Illinois often triggers a will contest. Suspicion of undue interference, greed, hurt feelings, and any other number of factors may lead estate beneficiaries or those who feel they should have been named, to question the wills of deceased loved ones. Under certain circumstances, the courts may see fit to declare a will invalid. Who Can Contest a Will in Illinois? In Illinois, those who would suffer adverse effects due to the execution of a will can file a petition … [Read more...]

Filed Under: Probate //

What Happens If An Heir Doesn’t Want The Inheritance?

Posted on August 12, 2019 //

A farmer who lay on his deathbed asked his son to make sure that the land would always stay in the family. Upon his death, the farmer’s will leave 320 acres for his wife and 160 acres for each of his four children. While some family members were overjoyed with their inheritance, others did not expect the million-dollar mortgages that came with the land. According to Iowa Farmer Today, several of the farmer’s children were not equipped to handle inheriting that level of debt. In … [Read more...]

Filed Under: Estate Planning //

Has Your Spouse Moved to a Nursing Home? It May Be Time to Update Your Estate Plan

Posted on August 9, 2019 //

Illinois estate planning attorneys suggest updating your estate plan when a spouse moves into an Illinois nursing home as this is a change in life circumstances. Wills and other legal end-of-life documents should evolve as people’s lives and needs change. Just as people often make updates following marriage, the birth of a child, or a divorce, so too should they consider making modifications when they move a spouse into a long-term care facility. Protecting Assets When a Spouse Needs … [Read more...]

Filed Under: Estate Planning //

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