If you created an estate plan remotely during the pandemic, there’s good news — the governor’s executive orders permitting remote signing during the coronavirus crisis are now in the permanent law. On June 12, Governor Pritzker signed SB 2135, the...
If you have a loved one who needs long-term care now or soon, the last few months have probably brought quite a few questions about their safety and well-being. About one-third (35%) of all COVID-related deaths in the United States...
Generation Law is reopening our doors June 1, and if you come to visit us, you’ll find our team covered up in style. We’re proud to partner with L&N MASK Co., a local company producing face masks for a good...
Having a loved one in long-term care can be pretty scary right now. Nursing homes are one of the main front lines in the fight against COVID-19, as the virus has overtaken many of these facilities. In fact, a whopping...
Wondering how the law will impact you and your family? The CARES Act has several provisions that could affect your planning, including: Relief payments. One of the most high-profile pieces of the legislation is a refundable tax credit against your...
The coronavirus outbreak has been especially hard on older adults, so having a plan in place can help you and your family rest easier during an uncertain time. However, most people aren’t covered – 72% of people don’t have a...
Over the past few months, we’ve discussed the overall scope of the new trust law and which rules you can change to meet your family’s needs. This month, we’re taking a closer look at the trustee role itself. If you’ve...
Those who have put off creating or updating their estate plans are now rushing to do so in the face of dire health concerns. Not sure what documents you need to protect yourself and your family? Start with the basics....
Under the new trust law, you have the power to change these rules: The ability to designate who is entitled to receive an accounting of trust prior to distribution and who can see which parts of the trust document after...
There are many traditions surrounding the start of a new year. Some leave you jumping for joy, others can leave you jumping up and down in frustration. As with every new year, a wave of new laws went into effect...
On January 1, 2020, there will be major changes to the law governing trusts in Illinois as it becomes the 39th state to adopt most of the Uniform Trust Code (UTC), an effort to harmonize state law on trusts. Each...
While you always want to be sure your estate plan is properly prepared and executed, it can be a little tricky when you’re making a gift to a child in your estate plan. Maybe you have a grandchild or a...