In the past, creditor protection was afforded to your IRA and to the beneficiaries that would inherit your IRA, such as your children. However, in June…
A Special Needs Trust (“SNT”) or Supplemental Needs Trust is a certain type of trust which can be used for goods and services that governmental programs will…
When clients think about Asset Protection Off-shore trusts or some elaborate scheme of trusts and other entities usually come to mind. However, there are several vehicles that…
In general, IRAs, 401(k)s and pensions are exempt from the account owner’s creditors under Illinois law. They cannot be seized or garnished by creditors. In an…
If you die without a Will or Trust, your assets will be divided up based on the intestacy laws of the state where you live at…
Illinois laws provide asset protection for homes and life insurance policies. The protection provided to a home, whether it is a house, a condominium or other…
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