Eric Wilen joined two other esteemed estate planning attorneys and presented a 3-hour workshop to members and guests of the DuPage County Estate Planning Council. The workshop was presented to members of the local estate planning community with a theme of knowing the...
This month’s Business Bytes highlights business privacy, no hire agreement collusion and power of attorney. Privacy is a Primary Business Concern. Illinois’ national leading Biometric Information Privacy Act (BIPA) is a major concern and risk to any business...
A fiduciary is a legal term identifying a person or entity with a special legal relationship with another, imposing an obligation that the fiduciary act in the best interests of the other, its client. Parents, trustees, guardians, advisors, counselors, caretakers,...
Eric Wilen was selected to participate in a Speaker Panel for the Illinois State Bar Association Trusts and Estates Section in the program entitled “Why Won’t the Bank Accept My Client’s POA? Bank Issues for T&E Lawyers and T&E Issues for Bank Lawyers.” The...
Eric Wilen was honored by the DuPage Estate Planning Council for serving as president for 2022-2023. Eric will remain on the board as a past president. The DuPage Estate Planning Council is an organization of professionals including attorneys, trust officers, bankers,...
Eric Wilen is the President of the DuPage County Estate Planning Council for 2022 – 2023. The DuPage County Estate Planning Council recently hosted a Judges Panel and Networking event at the Butterflied Country Club with the Honorable Bonnie Wheaton, the Honorable...
The number of seniors targeted by scams, identity theft, charity fraud, online deception and undue influence increases each year. These occur in person and by phone, mail, e-mail, and social media, and target the most vulnerable. Don’t find out too late that those you...
Blended families bring unique challenges to wealth, retirement, financial and estate planning. Divorce decrees, second families, new in-laws, stepchildren and a whole new clan are some of the issues to address. Using experienced counsel can ensure your wishes are...
To many people estate planning is merely preparing a will to tell your executor what to do with what you own when you die. But, estate planning is more than just drafting a will. It includes tax efficiencies, wealth preservation, asset protection, efficient asset...
As we grow older and perhaps lose a spouse, children, other family members or even friends are often called on to help with financial and other decisions. In more drastic instances a legal guardian may have to be appointed by a Court, often causing unneeded expense...
The Health Care Insurance Portability and Accountability Act (HIPAA) and other privacy laws can prevent parents from access to health, financial, and academic information regarding their child in college, even if they are paying the bill. This could hamper your...
The death, disability and isolation caused by COVID-19 highlighted the need for parents and children to assess whether they have appropriate authority to care for the other’s financial and other needs if one is suffering from a medical disability or following their...