From Our “Ask a Question” Mailbag: “Can I Withdraw Funds from My Retirement Account for Costs Related to Coronavirus? Are there any penalties for Coronavirus Related IRA Withdrawals?” Can I Make Penalty-Free Coronavirus Related IRA Withdrawals? On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security […]
From Our “Ask a Question” Mailbag: “I am worried about getting ill and my family not having the documents necessary to take care of me. What Estate Planning for Medical Emergencies do your suggest?” Estate Planning for Medical Emergencies. Hope for the best, plan for the worst. If you become […]
Estate Planning Across Borders As the world gets smaller, it is increasingly common for people to own assets in a variety of places, both within the United States and internationally. Whether your property is a generations-old family tract in an ancestral homeland, or a new vacation home in a […]
Estate Attorney Suffering from debt that you are unable to manage can be all-consuming. Not only can it impact your own well being, it can be exhausting, stressful and anxiety-provoking. Many who find themselves in debt and unable to pay may experience feelings of shame and hopelessness. When coupled with […]
From Our “Ask a Question” Mailbag: “I am worried about the coronavirus and living will. Should I update my Living Will? Just in case, what should I do?” Coronavirus and Living Will. To be prepared for any illness that may leave you unable to speak for yourself, here is a […]
From Our “Ask a Question” Mailbag: “The Secure Act Explained.” The Secure Act Explained. Begining in 2020, the Rules regarding your qualified plans (IRAs, 401ks, 403bs, etc.) have changed dramatically. Everyone should contact their financial planner, accountant, and estate planner for a review. The rules have changed for you during […]
From Our “Ask a Question” Mailbag: “Who should get a revocable living trust?” What is a Revocable Living Trust? Revocable Living Trusts are not for everyone. These unique tools are excellent for some people but not much use to others. For whom are Revocable Trusts useful? First, what is a […]
Every time a celebrity passes, my very first instinct is to hope that he or she had a good estate plan in place with the help of an estate planning lawyer in Palatine, IL. The world is honoring a legend – Kobe Bryant. He was a family man with a […]
From Our “Ask a Question,” Mailbag: “I want to make things easy for my children. How Do You Avoid Probate in PA?” How Do You Avoid Probate in NJ? You can avoid probate by taking certain steps. But, these steps can affect how you enjoy your assets during your lifetime. […]
Considering divorce when filing for bankruptcy is no easy task. Chances are you will have a considerable amount of decisions to make when determining the best way to move forward. If you are still married but you and your ex have decided to file for divorce, you may be wondering […]