Individuals planning their estate are likely to have questions regarding their tax implications. For most people, it is important to pass on as much as possible to their heirs while limiting tax liability where they can.
Parenting has always been difficult, but technology complicates matters even more. If your son or daughter has a smartphone, tablet, gaming system, computer or any other connected device, he or she may be able to use it to bully other kids.
You found your perfect new home. You found a mortgage lender. You made an offer to buy the home. The seller accepted your offer. The house passed all necessary inspections. Now what? When does your new home actually become yours?
Whether adopting or giving birth to a new baby, expectant parents put a lot of energy into preparing for their new love. In addition to setting up a nursery, buying diapers, taking birthing or parenting classes, moms and dads should take the opportunity to update or create an estate plan.
Purchasing an Illinois home involves a major investment, so you want to make sure you do your due diligence before making an offer on a particular property. Before making things official, you may have to sort through a series of contingencies and disclosures.
If you are in the middle of creating an estate plan, or you are thinking about changing your estate plan, it is important to carefully consider your retirement accounts. These accounts can affect your estate and your finances in many ways and if you are aware of any potential concerns and have a solid understanding of how to move forward, you will have an easier time safeguarding your assets and your loved ones’ futures.