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Sending an Annual Trust Accounting: Understanding Your Rights and Requirements
Dec 02

Sending an Annual Trust Accounting: Understanding Your Rights and Requirements

Establishing a trust is a fundamental step in protecting your family’s assets and ensuring your wishes are honored for generations to come. The Illinois Trust Code…

What is an Incentive Trust?
Dec 01

What is an Incentive Trust?

An incentive trust is an estate planning tool that allows you to set specific conditions for beneficiaries to receive distributions from your trust. This approach enables…

In Trustee We Trust: What New Trustees Need to Know
Sep 20

In Trustee We Trust: What New Trustees Need to Know

Being chosen as the trustee of a trust is a significant honor: it means someone has a great deal of confidence in your judgment and integrity.…

Maximizing Your Philanthropic Impact with Charitable Trusts
Dec 12

Maximizing Your Philanthropic Impact with Charitable Trusts

Beneficence through Charitable Trusts – A Strategic Approach to Giving Philanthropy can reach new heights when coupled with astute planning. If you’re contemplating a significant contribution…

Charitably Inclined? Consider Pairing a Donor-Advised Fund with Your Estate Plan
Apr 03

Charitably Inclined? Consider Pairing a Donor-Advised Fund with Your Estate Plan

If you are prioritizing charitable giving in your estate plan, you may want to consider using something called a donor-advised fund (DAF) which has become more…

Estate Planning Pitfall: You Didn’t Retitle Assets to be Included in a Trust
Jan 30

Estate Planning Pitfall: You Didn’t Retitle Assets to be Included in a Trust

Using a trust as part of your estate plan can be beneficial in a number of ways, including maximizing tax code provisions to shield assets from…

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