Executor and Trustee Liability for Unpaid Taxes
Jul 10, 2012
The post-mortem fiduciaries, i.e., the executor or trustee, handling a decedents estate has many responsibilities.One of them is the payment of applicable taxes. And, when these taxes are not paid thes...
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EVERYONE SHOULD HAVE A HEALTHCARE ADVANCE DIRECTIVE
May 04, 2011
Advance
directives are legal documents that allow an individual to (i) state their
preferred medical treatments and (ii) designate someone to make decisions for
them, when something happens and they...
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Choosing a Trustee for Your Trust
Apr 08, 2011
The use
of trusts in estate planning is becoming more and more common. There are
numerous advantages that may influence an individual to select a trust for his
or her primary estate planning vehicle. O...
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New U.S. and Illinois Estate Tax
Apr 08, 2011
It is always a good idea
to review estate plans, implementation and documentation on a regular basis,
let alone when there are changes in the law.
The mere passage of time is often enough of a valid re...
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Series LLCs: A Twist on the Choice of Entity and a New Arrow in the Quiver
Apr 07, 2011
This article was originally written in 2006.
The article is generally informative as to Series LLCs in Illinois.
Information and facts should always be reviewed with your attorney.
INTRODUCTION
We ha...
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