by Lauren Jackson | Dec 27, 2019 | Estate Planning, Irrevocable trust, Revocable living trust
When completing your estate plan, transferring the ownership of your real estate to a trust gives you a lot of benefits when it comes to ease of transfer for your family. However, there are a few disadvantages you should consider. Illinois has the second-highest...
by Lauren Jackson | Mar 3, 2019 | Beneficiaries, Estate Planning, Revocable living trust
Yes, if you are named in a trust as a beneficiary then you are entitled to a copy of the trust and an accounting annually of the entire estate. A lot of people keep their estate plan private for a multitude of reasons. However, when someone dies and you have...
by Lauren Jackson | Jan 23, 2018 | Estate Planning, Probate, Revocable living trust, Trustee
A question I often get asked when discussing the consequences of the death of a parent is: Am I responsible for my parents’ debt when they die? The quick answer to that question is…..no. Whether your parents have an estate plan or not, if they die with debt in THEIR...
