Estate Planning

Estate Planning

Everything You Need To Know About 529 Plans

Everything You Need To Know About 529 Plans

Who Can Benefit From 529 Plans and How To Decide If They’re Right For You
A 529 Plan is an education savings plan designed to help families set aside funds for future college costs. These tax-advantaged savings plans have big benefits for families planning for their children’s futures,  yet most Americans …

Top 3 Estate Planning Essentials For Chicagoans

Top 3 Estate Planning Essentials For Chicagoans

Who Needs Estate Planning?
“Estate planning” is an umbrella term that covers multiple legal arrangements, whether you’re managing your assets, your property or how your affairs should be handled after your death. In practice, estate planning can include wills, trusts, powers of attorney, tax planning, business planning, pet custody, charitable giving …

Estate Planning for Your Pets

Estate Planning for Your Pets

How to account for your furry friends with estate planning
The vast majority of Americans consider their pets to be a member of their family. In fact, according to a Harris Poll, 62% of Americans own a pet, and ownership was highest among Generation X (71%) followed by Millennials (65%).
What would …

Taking Care of the Dying with Living Wills

Addressing the Sensitive Topic of Death
People are living longer today than ever before, yet while they’re alive they’re inflicted with more disease. Modern medicine has enabled people to live longer lives even with terminal illness. However, the last years of life are not always enjoyable, and often involve surgery, chemotherapy, …

long-term care insurance

What is Long-Term Care Insurance?

Understanding how long-term care insurance plays a role in estate planning
Estate planning is far more than putting together a trust and a will, there are many financial tools and preparations that need to be put in place to work in unison with your legal documentation. One of these tools is …