Wealth Management

Home for the holidays?  Notice mom or dad slowing down?  Many families reach a point when an ill or older relative needs in-home help or care for difficulty with activities of daily living, memory problems with medications, etc.

It’s summertime, and with the rise in heat comes a rise in rambunctiousness.  Some of your offspring may be experiencing “senioritis”.  This is a good time to pass along some sage advice that may help them from making a bad situation worse.  

This memo explains some of the basic estate planning terms and issues to consider, and identifies some common approaches to those issues.

Your estate planning is done in three stages. First, we will gather all pertinent information from you as to your wishes.

It seems like trusts and estate planning are those things that only the wealthy or those with complicated estates should do.  But a living trust can be advantageous for almost everyone.

At some point in time, everyone should have an estate plan set up directing how your taxable property should be handled or transferred to heirs of your estate.

Problem: Many parents’ estate plans lack a Durable Power of Attorney or Patient Advocate Designation for their young adult children.

Lawrence LaSusa receives Certificate of Completion from the Institute of Continuing Legal Education Probate and Estate Planning Program

ICLE is the leading provider of continuing legal education represented by a network of acclaimed lawyers and nationally renowned experts using cutting-edge technology and bringing the newest and best techniques in learning to lawyers.

Save on Legal Fees through Alternative Billing Arrangements

The Illinois Bar Journal recently reported that alternative billing arrangements for legal fees (other than by the hour) are coming to Main Street America.