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March 2019 Archives

Scrutinize potential estate plans for probate risks

Those Illinois residents who take the time to make sure their families are provided for after death should be applauded. A disproportionate amount of people still do not have estate plans, which leaves their surviving loved ones to face a potentially arduous probate process. Unfortunately, not assessing all of the risk associated with an estate plan could do the same thing.

Divorce could actually help children thrive

Many Illinois parents hesitate to end their marriages because they feel it would adversely affect their children. Their hearts may be in the right place, but remaining in these circumstances could actually do more harm than good. In reality, divorce could actually help the children thrive.

Avoid these small business formation mistakes

For entrepreneurs dipping their toes into one of Illinois's for-profit industries for the first time, there is a lot to learn. Making certain small business formation mistakes could quickly and easily derail their efforts. Taking the time to learn what not to do from the start could help ensure a successful start.

How children feel during divorce

Parents contemplating divorce often worry about their children. They may have heard stories from both ends of the spectrum: Either children never recover, or children bounce right back. As with most extremes, the truth lies somewhere in the middle. How do children feel during divorce? There is no way to predict their feelings, and each day is different. The only constant is that parents need to present a united front.

Certain events often require estate plan changes

Those Illinois residents who took the time to ensure their loved ones are taken care of after their death probably put the documents away believing that they have done what they needed to do to achieve that goal. They probably created an estate plan that fit the circumstances of the time, and while that was a good step, the plan may not stand the test of time. Life rarely remains the same over the years, and an estate plan needs to change with it.