(c) Can Stock Photo Expanding on Do-It-Yourself Estate Planning: Keeping it Simple: Do-it-yourself estate planning is simple and cheap. By using a combination of beneficiary designations, payable on death designations and joint ownership, you can pass most of your...
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Do-It-Yourself Estate Planning: Keeping it Simple
(c) Can Stock Photo After doing Estate Planning for many years, a pattern emerges in the questions that people ask (and statements that people make). For instance, people often say something like, “I just want a simple Will.” The statement begs the question: why do...
New Restrictions on Non-Compete Employment Contracts
(c) Can Stock Photo Illinois continues to be an employee friendly state in some ways, including in the area of non-compete clauses. A non-compete clause, or covenant not to compete, is a provision of a contract in which one person agrees not to compete against another...
Drendel Appointed to KCBA Judicial Evaluation Committee
Kevin G. Drendel was recently appointed to the KCBA Judicial Evaluation Committee. The KCBA (Kane County Bar Association), is the local bar association for Kane County and surrounding area, having a membership that includes attorneys in all of the counties surrounding...
How to Avoid a Free-For-All When You Die
You've probably heard the stories about what happens when a family member dies without doing any estate planning… and if you haven't heard them, I could fill a book! The vacuum left by the death of a loved one can produce some strange and unfortunate reactions....
Small Estate Administration Can Be Simple
(c) Can Stock Photo Handling an estate for a loved one who has passed can be a real headache, but someone needs to do it. If the loved one has done his estate planning, the process will be easier than it would be if he has done nothing. Most estates, however, have to...
Roman Seckel Will Present
Roman Seckel will present on the topic of Real Estate in Divorce Proceedings at the New Lawyer's Seminar for the Kane County Bar Association on September 15, 2016. Roman is a frequent presenter and sometime moderator at Kane County Bar Association seminars for...
5 Basic Things to Consider When Choosing a Trustee
(c) Can Stock Photo Other aspects of estate planning are more complex, but choosing a trustee is one of the more difficult decisions to make. Conventional wisdom suggests that people should have several trustees in order of succession, but sometimes choosing even one...
Understanding the Difference Between Executor and Trustee
Canstock Photo D:csp4598868 People often confuse executors and trustees. Both roles are important when it comes to estate planning, but the roles are distinctly different. Understanding the difference between executor and trustee will be helpful when you think about...
Marital Property, Non-Marital Property and Estate Planning
(c) Can Stock Photo An article we did on our Family Law website highlights the difference between marital and non-marital property owned by spouses. Marital property gets divided between the spouses if there is a divorce, but non-marital property doesn’t get divided...
