Lessons from Whitney Houston’s Estate

Celebrity estate plans are often the subject of much discussion and speculation with regard to the decedents’ relationships and mentality.  Whitney Houston’s estate will likely be no different.  Houston, who died on February 11, 2012, left only a Will, filed in Fulton...

Asset Protection Through Estate Planning

It is a natural inclination to want to protect the assets that you have worked hard to obtain.  There are many levels of asset protection and the proper method must be determined depending not only on the type of asset, but also on the possible source, timing and...

Elizabeth Edwards’ Will & Privacy

Elizabeth Edwards, who passed away on December 7, 2010, left a Will which made a significant omission.  The Will, signed on December 1, 2010, just days before her death, makes no mention of her estranged husband and former presidential candidate, John Edwards.  John...

Protecting Inheritances from Divorce

Divorce is a reality that is difficult to anticipate, but one that can be planned for through proper Estate Planning.  The Illinois Marriage and Dissolution of Marriage Act (the “Act”) provides that although property acquired by gift, legacy or descent is considered...