Your agent will have a variety of duties to ensure that your financial matters and your property are managed properly.
Estate Law
The executor owes a fiduciary duty to the Estate’s beneficiaries. Accordingly, an executor is held to the highest standard of fair dealing and diligence when dealing with the Estate.
Elderly people are often victims of physical, emotional, or financial abuse. This article focuses on the financial abuse or exploitation of older individuals.
As people age, they become more susceptible to financial exploitation by those around them. Unfortunately, these types of incidents are becoming more common and represent a growing problem.
When a loved one dies, the family and friends who are left behind are often confused about their next steps. Amidst their grief, survivors must navigate unknown territory.
In a will, an individual identifies an executor to represent his or her estate. Some of the duties of the executor are as follows.
A will contest is a lawsuit brought before the probate court in Illinois. If successful, a will contest lawsuit will invalidate the will that was attacked.
The small estate affidavit is a useful tool to transfer property after someone dies. It allows for the transfer of a decedent’s assets without the need to open a probate estate.
Advance directives are an essential part of estate planning. An advance directive is a document that spells out your wishes for the time period in which you are unable to make your own personal, financial, and health decisions
A “Durable Power of Attorney” will stay in effect even after the principal is incapacitated. The durable power of attorney ends only after the principal dies.