When planning your estate, you need to understand the tools available to ensure your assets are distributed according to your wishes. Two of the most common options are a will and a trust. Both serve similar purposes, but several key differences will help you decide...
Month: March 2025
The mental impact of divorce on older adults in Illinois
Divorce at any stage of life presents emotional challenges. However, for older adults, commonly referred to as those going through a "gray divorce," the psychological effects can be particularly profound. In Illinois, where divorce rates among individuals over 50...
Can you co-parent with a narcissist?
It may take time for some couples to establish a comfortable co-parenting relationship. The emotions from the divorce are still raw, and both parties are attempting to navigate the path from romantic partners to co-parents. But what if one of the co-parents is a...
Should you stay on social media during your divorce?
People interact on social media daily, so it’s just a part of life for many. While there’s not necessarily anything wrong with social media, it can lead to challenges if you’re going through a divorce. Some people in this position may opt to stay off social media,...
When was the last time you updated your estate plan?
Creating an estate plan can be time-consuming, but it provides a sense of relief once it’s complete. You know your loved ones will have financial security and your assets will be managed and distributed according to your wishes. However, an estate plan can become...
Do young people need an estate plan?
Making that leap to adulting can be exciting. You’re no longer living under your parents’ roof, and you’re doing adult things such as working, paying rent and buying groceries. The last thing on your mind is creating an estate plan because that seems like something...
How do you tell your children you’re getting divorced?
Choosing to divorce is hard; telling your children is even harder. As parents, we want to protect our children from getting hurt, but we realize it's impossible. While you can't eliminate the sadness they'll feel when you tell them you're getting divorced, there are...