A business is often a family’s largest asset — but many owners don’t realize that structure determines how easily ownership transfers when something happens. Ownership is tied to shares, which can ...
Most physicians don’t have a written plan for who takes over the practice—or how ownership transitions legally and financially. A buy-sell agreement can ensure your family receives the value of the ...
Corporate executives in Wisconsin often receive a large portion of their compensation through restricted stock units (RSUs), stock grants, or employer equity awards. As your shares vest, they can ...
And the honest answer is usually: not yet. Selling a company — especially a family-owned business — isn’t just a financial transaction. It’s a major estate planning event. If your estate plan isn’t ...
Estate planning for dentists doesn’t need to be complicated. What happens to your dental practice—and your wealth—when you decide to sell or retire? For Illinois dentists, selling a dental practice ...
Last Will and Testament – Lets you designate who inherits your digital property, but may require probate. Living Trust – Allows you to transfer digital assets outside of probate, keeping things ...
The executor files the will with the probate court in the county where the deceased person lived. They also petition the court to be formally appointed as executor. The executor must notify all heirs, ...
A living trust is one of the most effective ways to keep your estate out of probate. By transferring your assets into the trust during your lifetime, you retain control as trustee and can name ...
Probate is the court-supervised process of settling a person’s estate after they pass away. While probate helps ensure assets are distributed properly, it doesn’t always move quickly. Families are ...
As the summer winds down and the school year begins, parents everywhere are checking supply lists, packing lunches, and signing permission slips. But there’s one important checklist that often gets ...
If you own a home in Illinois and pass away without a will, you may unintentionally leave your loved ones with legal confusion, delays, and unexpected outcomes. Many people assume their house will ...
As parents age, their needs change—and those changes often fall on the shoulders of their adult children. From managing healthcare and finances to making tough legal decisions, caring for aging ...