I recently came upon this quote by Jonathan Adler, an interior designer, “There is only one game to play at Thanksgiving, and that’s Ping-Pong. It’s perfection – my favorite way to work off that pumpkin pie.” These are my sentiments exactly. This clip from You Tube features players who are…
Illinois Estate Planning and Elder Law Blog
The Perfect Dinner Party
Have you ever thought about whom you would invite if you could invite any group of six people to your house for dinner on Saturday? I don’t mean people you know. I mean if you could invite absolutely anyone. I know my sons, who are teenagers, would invite professional athletes.…
Illinois Special Needs Trusts
Special Needs Trusts allow a disabled individual to receive lawsuit settlements, gifts and other funds while retaining eligibility for government programs. They are designed not to provide basic support, but to pay for things like education, recreation, counseling and medical attention. Special needs can include medical and dental expenses, special…
Sellers Financing Buyers for Real Estate Purchases
In Amy Hoak’s Wall Street Journal article, “Mortgage Lending for Sellers“, she points out the advantages to both buyers and sellers when a private mortgage is used to purchase a home. With a private mortgage, the seller or some other interested individual holds the mortgage on the property. There are…
Weird Last Requests in Wills
In her article “When it comes to wills, how strange can you get?“, Erline Andrews tells of a woman from Beverly Hills, California who stipulated in her will that she was to be dressed in her favorite nightgown and burried in her Ferrari. There is also the man from Springfield,…
Illinois Probating Insolvent Estates
If a husband dies with many unpaid debts, it is often tempting for the surviving wife to want to do nothing regarding opening a probate estate. She may feel that there are more debts than assets, so why get into it. However, there is good reason to pursue probating an…
Wills, Trusts and Descendants
A 2007 case from New York, In the Matter of Martin B., 17 Misc. 3d 198; 841 N.Y.S.2d 207 (N.Y. Surr.; 2007) involves a man who was married, had no children, and before he died, donated his semen to a laboratory. The man’s father made provisions in a trust for…