by Manish C. Bhatia | Nov 15, 2024 | News + Trends, Uncategorized
A Revocable Living Trust accomplishes many goals that a Will does not, including probate avoidance, asset protection for your children and estate tax minimization. However, when you have a Trust, you should still have a proper Will in place. Commonly referred to as...
by Manish C. Bhatia | Jun 5, 2023 | News + Trends
A recent decision in the Appellate Court of the Fourth District of Illinois leaves us with several lessons, particularly the importance of reviewing your estate planning documents in the event of a significant change in your family or financial situations (In re...
by Manish C. Bhatia | May 3, 2020 | News + Trends
Powers of Attorney have never been more important than they are in the current environment. The costs and consequences of not having Powers of Attorney in place far exceed the cost of having the documents prepared. Every adult who is responsible for his or her own...
by Manish C. Bhatia | Apr 5, 2020 | News + Trends
Estate planning is about much more than just who will receive your assets after death. Proper estate planning can reduce the cost, time and likelihood of conflict when your assets are to be transferred to your loved ones. Planning for specific circumstances, such as...
by Manish C. Bhatia | Oct 22, 2019 | News + Trends
1. Estate planning encompasses more than just taxes and asset distribution. 2. Failing to make your wishes known through legal documents increases the likelihood of unnecessary family conflict, costs and delays. 3. Having a proper estate plan ensures efficient estate...
by Manish C. Bhatia | Aug 1, 2019 | News + Trends
World-renowned singer Aretha Franklin died on August 16, 2018, at the age of 76 in Detroit, Michigan. Franklin’s two marriages had ended in divorce and she had four children, the first when she was only twelve years old. She reportedly left behind an estate worth...
