Estate Planning

Estate Planning

Man in kitchen looking at a computer

Trust or Will: How to Choose

Understanding the difference between a trust or will and why it matters when planning your estate.
You’ve decided to start seriously thinking about estate planning, but after doing some research, can’t decide whether you want to create a trust or a will. You’re not alone—the estate planning process can be confusing. …

Estate Planning for Your Parents

If your parents’ financial affairs aren’t in order, here’s what you need to do to get them on track
There’s only one thing more uncomfortable than having a sit-down conversation with your parents about their financial matters, and that’s discussing how their financial matters will be handled when they pass away. …

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 …