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,...
Language in the recent U.S Supreme Court Dobbs v. Jackson decision regarding abortion raised concerns that the legal rights of unmarried couples of either sex and married couples of the same sex may be facing issues in the future, particularly in states that do not...
Eric Wilen will be the President of the DuPage County Estate Planning Council for the 2022-2023 season. Eric has been an active member and past 20 years has coordinated the Council’s annual DuPage County Chancery Judges Panel. The Council is a professional...
Eric Wilen presented his program “Navigating the Estate Planning Client Through Common Myths and Competing Voices” to the lawyers of the DuPage County Bar Association in June 2022. Eric discussed how estate planners can filter, evaluate and address clients’ most...
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...
The media’s focus on spending in the proposed Build Back Better and related bills pending before Congress overlooks many of the revenue aspects that could affect the estate plans of the wealthy and the tax strategies of business owners and the highest income earners....
A Special Needs Trust can be established for a person with disabilities from birth, afflicted during their lives or resulting from an injury, in order to provide for their supplemental needs without forfeiting benefits provided by Social Security, Medicaid or other...
Despite how careful you are, accidents and other problems can arise, including those caused by third parties, that put your personal and family’s savings and assets at risk. While you cannot absolutely protect all of your assets from the claims of creditors, even by...
A friend or relative makes a bequest to a disabled person in their will, hoping to make his life easier, but without proper legal advice that gift may have to be rejected by the recipient to avoid financial loss. A simple modification of the donor’s will could...