Estate Planning Basics

Estate Planning Basics. In Illinois, assets titled in an individual’s name must go through probate unless there is no real property in the individual’s estate and the assets total less than $100,000. Probate is the court process that allows assets to be transferred upon one’s death. When probate is necessary, additional fees to the estate … Continued

What is probate? Heather Kroencke answers.

What is probate? What is Probate? Heather Kroencke: There is a lot of misinformation surrounding probate. Essentially what it is the process where a deceased person’s estate has to go to court before it can be distributed. In Illinois, it can be costly and very time-consuming to go to probate which is why most individuals … Continued

Plan For The Unexpected When You’re Expecting

When I was pregnant with my first daughter, I had a number of well-meaning friends, family members, and even strangers providing me with advice on all the preparations I needed to make before the baby was born. Even now, less than three months before my second baby is due, I find myself going over mental … Continued