In this article, our Schaumburg will attorneys discusses the process of creating a will that covers the creators wishes when they pass. There are many things to consider when creating a will and we discuss what should be considered when when their created.

Read the full article by our Schaumburg trust attorneys explaining how to create an air-tight will in Schaumburg

In this article, our Schaumburg trust attorneys explain how to modify a Schaumburg trust. If an estate plan does not consider unforeseen changes or circumstances, there is a potential for litigation by beneficiaries. We look at trusts and give considerations on:

• Trust reformation
• Why would you reform a trust?
• How to reform a trust?

Termination or modification of a trust can potentially result in estate, gift, generation-skipping taxes ore even income tax issues.

Read the full article by our Schaumburg trust attorneys about modifying a Schaumburg trust.

In this article, our Schaumburg trust attorneys explain the methods that can be utilized to use trusts to minimize or eliminate Illinois and federal estate taxes Our Schaumburg trust lawyers discuss the use of AB Trusts that can essentially double the Illinois estate tax exemption if you the person is married. Using irrevocable life insurance trusts, the death benefit can be removed from your life insurance policies from the value of your estate for estate tax purposes.

‍Read the full article by our Schaumburg trust attorneys about how to use trusts to minimize or avoid Schaumburg estate taxes.