Estate Planning
February Business Bytes
This month’s Business Bytes highlights insurance coverage, website terms and financial exploitation foiled by estate plans. Don’t Underestimate Insurance Coverage. We advise our clients to always file a written claim with any carrier when an issue arises, as...
Eric Wilen Hosts a Judges Panel and Networking Event
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...
Married Same Sex and Unmarried Couples
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...
October Business Bytes
Our Business Bytes highlights recent publications, issues, events and successes that we think our clients and friends should know about. We seek out, sort, prioritize and summarize them for your quick review. Please contact us if you have any questions, issues or...
Eric Wilen named President of the DuPage County Estate Planning Council
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 presents program: ‘Navigating the Estate Planning Client Through Common Myths and Competing Voices’
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...
Planning for Blended Families
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...
Estate Planning is Tax Efficiency and Wealth Management
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...
Helping Elderly Parents or Friends Avoid Guardianship with a Power of Attorney
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...
Potential Effects of Build Back Better and Related Bills Before Congress
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....
