When it comes to real estate in Illinois, two commonly used tools to avoid probate for a primary residence are the Quit Claim Deed (QCD) and the Transfer on Death Instrument (TODI) . Although they are sometimes discussed interchangeably, they function very differently. Choosing the wrong tool can create unintended tax, creditor, or eligibility consequences. In this article, we will explore the differences between a Quit Claim Deed and a Transfer on Death Instrument, explain

Sorting, Sharing, and Shaping the Legacy You Leave Behind We all have that one box in the attic, the corner of the basement, or the...

Recent changes in federal law have made some changes and updates that could affect your estate planning. Understanding these changes can...

The Cost of Doing Nothing No one likes to think about their own death. It’s human nature to procrastinate, to assume we have plenty of...

Introduction: Who Does What When It Matters Most? Estate planning is not just about documents—it's about people. When you create a will,...

When planning your estate, one of the biggest decisions is whether a simple will is enough or if a revocable trust is the better option....

Creating an estate plan is one of the most responsible and important steps you can take to protect your family and assets. However, even...

As your child embarks on the exciting journey of college, it's natural to focus on dorm decor, class schedules, and newfound...

In today’s world, our lives are deeply intertwined with the digital realm. From photos and personal messages stored on smartphones to...

Choosing who to name as your agent in a power of attorney (POA) document is one of the most important decisions you'll make for your...

Even the most well-intentioned individuals can make costly errors in their estate planning journey. In this guide, we'll explore common...

In today's dynamic and changing world, estate planning is often overlooked or postponed, but it's a critical aspect of financial planning...