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What is an Illinois ABLE Account?

by Scott Zambo | Dec 1, 2020 | Assets, Estate Planning, Legal, Power of Attorney, Special Needs Planning, Will

What is an Illinois ABLE account. An Illinois ABLE account is just one of the special needs planning tools available. ABLE stands for Achieving a Better Life Experience. The act was signed into law under the Obama administration and allows for the creation of tax...

New Laws in Illinois for 2018

by Scott Zambo | Dec 27, 2017 | Assets, Business, Employment, Estate Planning, Eviction, Landlord and Tenant, Legal, Probate, Will

As with the start of any new year, January 1 marks the day that many new laws go into effect.  Here is a short rundown of some of the most notable new laws for Illinois in 2018: House Bill 736 establishes a small business grant program for those individuals...

How to Select a Trustee for your Revocable Trust

by Scott Zambo | Aug 30, 2017 | Assets, Estate Planning, Probate, Trust, Will

Over the past 35 plus years of practicing law in the Schaumburg and Hoffman Estates area, we have counselled thousands of clients in estate planning matters. Among the most significant issues discussed are the characteristics one should consider in selecting a trustee...

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