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Illinois Court Decision Highlights Critical Importance of Updating Beneficiary Designations Post-Divorce

A case recently decided by the Illinois Appellate Court (Herbert v. Cunningham, 2018 IL App (1st) 172135, December 28, 2018, Cook Co., 6th Division) issues an important reminder to anyone who is considering or has completed a journey through divorce or domestic separation: Make sure to update your estate plan documents, beneficiary designations and…

Marital Agreements

Marital Agreements Pre-marital and post-marital agreements are an essential, but often overlooked estate planning tool for individuals who have substantial business interests, high-value assets and accumulated or inherited wealth. For those who are set to inherit family wealth and/or business entities, this agreement can ensure that the family’s assets remain within the family. To that […]

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