As more of our lives are spent online, it is crucial that you ensure the seamless transition of your digital assets. Through comprehensive estate planning, you can arrange to have your digital property managed and administered in the event of incapacitation and also ensure the smooth transfer of digital assets to your beneficiaries upon your […]

by Michael R. Sitrick, JD, CFRE Executive Vice President for Advancement | DuPage Foundation With fall upon us, it’s time to begin firming up your year-end charitable giving plans to ensure your goals are accomplished by the end of the 2021 tax year. While there are many factors to consider and keep an eye on this year—particularly with […]

by Mitha Rao, JD, managing attorney, Rao Legal, LLC and Ryan Johnson, CPWA, Private Wealth Advisor, BMO Wealth Management** The Biden Administration’s economic agenda has a heavy focus on social spending and the current proposal, approved by the House Ways and Means Committee on 9/13/21, will fund some of the spending by rolling back the Tax and […]

As 2020 comes to a close, we may be impatient to move beyond this year. It has been an especially difficult and uncertain year, and we may be eager to let go of it and look ahead. These sentiments are understandable. However, the year-end holidays are often a good time to complete or review your […]

“I’m sorry, but you need capacity to execute advance directives.” As I heard a sigh on the other end, I relived a painful scenario all too familiar to estate planning and elder law attorneys.  The dreaded conversation in which you have to inform an already overwhelmed individual that her family must go to court to […]

As the holiday season nears, we continue to live with our “new normal.” This year’s holiday celebrations will involve virtual conversations and social distancing.  Even still, they are a good time to reflect on your planning goals and/or begin conversations with loved ones about their planning needs. We recognize that estate planning isn’t an easy […]

We are pleased to share a guest post from Dr. Madhu Guliani, MD. Dr. Guliani is a board-certified internist and a certified yoga teacher.  She received her 200-hour certification in yoga from the Himalayan Institution of Yoga and Meditation.  For the past year, she has been practicing medicine via telehealth and offering free online yoga […]

In Part I of our blog series for young families, we focused on outlining planning considerations that can help determine which type of estate plan is optimal. In Part II of this series, we outline some tailored options that may help families customize their plan more thoroughly.      1. Uniform Transfer to Minors Act.  A minor […]

This month, we published Part II of our estate planning blog series for young families.  We are also thrilled to share a guest post from Anne Haag.  Anne Haag is a Practice Management Advisor at the Chicago Bar Association. Anne worked as a patent paralegal at a Chicago IP firm before arriving at the CBA in 2017 as the […]

During our current times, young families are prioritizing estate planning. We hope to empower these families with the know-how to select an optimal estate plan.  In Part I of our blog series, we outline estate planning considerations. We also encourage you to execute advance directives (which we previously wrote about here). Your advance directives and your […]