Team Kelley Blog
Navigating legal matters is tricky. We make it easier.
Asset Checklist
When you create an estate plan in Hoffman Estates or throughout Illinois your Hoffman Estates attorneys should talk to you about creating an asset checklist. As part of your estate plan, whether in Hoffman Estates, Schaumburg or throughout the Chicagoland area, it is important to identify your assets as part of your estate plan to assist your agents, executors, and attorneys in ensuring your...
Estate Planning Update
Just like performing routine maintenance on your furnace or bringing your car in for a tune up, making sure your estate planning is updated is very important to the health of your estate plan. The Schaumburg estate planning attorneys at Kelley, Kelley & Kelley can meet with you to review your old or existing estate plan and make sure that it meets with your goals and needs. Make an...
Schaumburg Business Formation
Schaumburg business formation attorneys at Kelley, Kelley & Kelley can assist you in your business formation needs including LLC's, S corps, corporation, and partnerships. News reports of small businesses shuttering, with many facing the prospect of never reopening may make the title of this article seem impossible. However, some of the fastest growing and most innovative and...
Hoffman Estates Probate Terminology
Probate terminology is confusing so it is best to work with an experienced Hoffman Estate probate attorney. What is the difference between an executor and administrator? An executor is appointed under a will. An administrator is appointed by the probate court. If you have a will you most likely named an executor who will be in charge of administering your estate when you pass away. An executor...
Schaumburg Medicaid Planning
Working with estate planning attorneys who are familiar with Medicaid Planning in Schaumburg and Hoffman Estates may be one of the most important parts of your estate plan. There is no one size fits all plan for protecting your assets while also ensuring you can qualify for Medicaid benefits. However, estate planning attorneys and advisors can assist you in determining which estate...
Hoffman Estates Trust Attorney
The Hoffman Estates trust attorneys practice in estate planning and drafting wills, trusts, and POA's in Hoffman Estates and Schaumburg. What are some of the key terminology used by estate planners and trust attorneys? What is a trust? in estate planning terms a trust in the most simple terms is the written agreement appointing a individual or entity to hold and control property pursuant to the...
Schaumburg Probate Lawyer
Schaumburg probate and estate planning lawyers can help you navigate your probate case quickly and efficiently. Estate planning attorneys often speak about ways to avoid probate, but in some instances probate may be advantageous even if it may not be necessary. The attorney’s at Kelley, Kelley and Kelley have decades of experience drafting comprehensive estate plans that avoid...
Estate Plan Myths
Hoffman Estates and Schaumburg estate planning attorneys can help you avoid mistakes as a result of common estate planning myths. Most people are familiar with at least one of the estate planning myths that will be debunked in this article. 1. Only the very wealthy need to worry about estate planning. False. All people can benefit from proper estate planning. While there may...
Small Estate Affidavit
In Schaumburg and Hoffman Estates a small estate affidavit may be used to distribute probate assets under $100,000. If there is no real estate and the probate assets are under $100,000 then it may be possible to avoid probate and u . Most county court systems have small estate affidavit forms that can be used. Cook County DuPage County Illinois How do I know if I can use a small estate...