The Importance of a Successor Trustee

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An estate plan that includes a revocable living trust is an excellent way to protect yourself and your loved ones upon your passing or in the event you are unable to manage your own affairs. As opposed to other estate planning options, a revocable living trust gives you the ability to keep control of and enjoy your accounts and property …

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Your Judgment of Divorce: The First Step in Estate Planning

Cari Rincker Estate Planning Leave a Comment

You have recently divorced your spouse and the judge has signed the divorce judgment. Now what? Although you may feel as though you have spent enough time and money on lawyers, there is one last attorney you need to talk to: an estate planning attorney. If you and your former spouse had estate planning done together previously, it is necessary …

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Can I Remodel My Own Estate Planning Documents?

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Estate planning is one area that often goes unexamined and neglected. Is it time to remodel your estate plan? If so, is that something that you can (or should) do on your own? Small Estate Planning Updates Upon reviewing your estate planning documents, you may notice a number of seemingly small issues that need to be addressed, but you may …

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Why You Should Consult a Champaign Estate Planning Attorney to Protect Your Family

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The process of protecting your family and setting up your estate in the event of your death can be a daunting and expensive process. It can involve some very deep thinking about painful issues. Nonetheless, it is an important process – one that every family should engage in. First, it is important to understand why estate planning is so important. …

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The Importance of Getting a Health Power of Attorney in Illinois

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While it’s an awful thing to contemplate, it’s wise to consider what kind of medical treatment you would like to receive if you are ever unable to communicate it yourself.  Getting a health power of attorney in Illinois is a good precautionary measure to consider. Most people think of a health power of attorney in connection with elderly relatives. Still, …

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Champaign Estate Planning Attorney Explains What Documents You Will Need

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Have you thought about planning your estate? Life is more uncertain than ever, so it’s wise to be prepared.  Consider consulting a Champaign estate planning attorney to get guidance on planning an estate. No one likes to think about the worst happening to themselves or the people they love, but estate planning is a profound act of love. You’ll be …

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Episode 9 of Ag Law Today Podcast: Advanced Directives

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I’m talking about Advanced Directives with Deborah Kaminetzky on the most recent Ag Law Today podcast.  So many people focus on Last Will and Testaments instead of Powers of Attorneys and Health Care Proxies, which are arguably MORE important. Deborah is amazing.. she hand held me through my first divorce and was a great mentor to me.  Don’t miss this …

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Estate Planning For the Newly Married

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Now is the perfect time to start working on an estate plan—because, as newlyweds, you may not have a list of your accounts, but you’ve effectively just done a working inventory of your possessions—as you’ve figured out how to consolidate two households into one. You’ve already been working on the new banking and shared responsibility of bills and taxes and …

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The Top 2 Ways the Court Gets Involved in Your Estate, and How to Avoid Them

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No one wants unnecessary court involvement in their life. But without careful and proactive estate planning, chances are that some aspect of your estate will end up being decided there. Here are two of the most common ways court proceedings can make their way into the management and distribution of your assets, along with the estate planning measures you can …

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Farm Estate and Succession Planning

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Farm Estate and Succession Planning from Cari Rincker I am excited to be speaking to the Indiana Master Class tonight on farm estate and succession planning. You cannot really talk about farm estate planning without also discussing business planning. To me, all three concepts are intertwined. Here is my powerpoint presentation. I’m passionate about helping farm families through transitions in …

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Ask Cari: How are “Agents” to my “Power of Attorney” Compensated in New York?

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Dear Cari,  I have a New York Power of Attorney.  It states that my “Agent” can have reasonable compensation.  What does this mean? Miss C   Miss C – In New York, an agent appointed in a Power of Attorney is entitled to reimbursement for reasonable expenses incurred on the principal’s behalf (you are the “principal”, Miss C). If a …

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