Estate Planning Information

Estate planning encompasses the growth, conservation, and transfer of an individual’s wealth through the creation and maintenance of an “estate plan.”  The purpose of estate planning is to develop a strategy that will maintain the financial security of individuals through their lifetime and facilitate the intended transfer of their property and assets at death, while taking into consideration the unique circumstances of the family and the potential costs of different methods.

All too often, we hear:

  • "I'm too young to do estate planning."
  • "All my property is titled in joint tenancy with my spouse so I don't need a will."
  • "Estate planning is only for the super-rich."
  • "Estate planning is too complicated and expensive."
  • "Doesn't the government provide for that?"
  • "We did our wills right after we got married 30 years ago and see no need for further planning."

If you seek advice and guidance with regard to your estate planning needs, please view our website and search for a the type of member that meets your needs.  As an alternative, you can search for an Accredited Estate Planner® (AEP®) or Estate Planning Law Specialist (EPLS) designation holder in your area on the National Association of Estate Planners & Councils website.

Featured Articles

GCCOA offering estate planning program

XENIA — Greene County Council on Aging (GCCOA) is offering a series of estate planning courses beginning Tuesday, Feb. 27 at the Xenia Community Center, 1265 W. Second Street. The estate planning classes will be held every Tuesday for five weeks — Feb. 27, March 6, March 13, March 20 and ...

Fully Automated Estate Planning Forms Now Available

ISBA has added fully-automated estate plan drafting system to IllinoisBarDocs, the document assembly system built around a library of Illinois-specific legal forms. You can create will- or trust-based plans or, if you are unsure what is best for your client, run the complete system to be guided through ...

TCJA's transition tax could hit cross-border biz owners

And perhaps most important, they can use them as an estate planning tool. When the time comes to pass on the corporation to their children, they can use a planning vehicle called an estate freeze to effectively transfer the future value that's built up in the corporation to pass tax free to their children.” ...

Protecting Your Assets Through Sound Estate Planning

Families should protect their financial assets through estate planning. Contact an Elgin estate planning attorney at 847-695-2400 for a free consultation. ... As you may be aware from following recent political and legislative news, estate taxes are a subject of ongoing debate. Until recently, the federal ...

Community Briefs

Fran Hurley and state Sen. Bill Cunningham will hold a free seminar on wills and estate planning on Thursday, Feb. 1, from noon to 1 p.m., at Barraco's Restaurant, 3047 W. 111th St. The presentation will be given by Tom Walsh, a financial advisor with Edward Jones; Andy Kruger, from American Funds; ...