When a loved one passes away, their estate often goes through a legal process called probate. Understanding probate in Illinois is crucial for beneficiaries, executors, and estate administrators to ensure a smooth transfer of assets while avoiding unnecessary delays and costs. This guide will break down the Illinois probate process, key legal requirements, and strategies to simplify estate administration while …
Rincker Law, PLLC has been using Cosmolex for the last year. Cosmolex offers an opportunity for us to have a Client Cosmolex Portal. Client invoices, court pleadings, and correspondence is saved into your Cosmolex portal. You are also able to upload documents into the portal to send them to us. This can work great for confidential documents such as tax …
How can the property and finances be split if a succession plan is Not in place? If you don’t have a plan in writing with a Last Will and Testament, Trust and/or business formation documents (e.g., Operating Agreement or Bylaws) then the law will decide for you. Everybody has an estate plan- it’s what the “default rules” are in your …