Publications

Section Newsletter Articles on Estate Planning

The Howell decision and the future of estate planning for adult disabled clients By Sarah LeRose Trusts and Estates, October 2015 In light of Estate of Howell v. Howell, an estate guardian of a disabled adult may propose an estate plan which deviates from intestacy, provided the guardian believes that the proposed plan is in keeping with the ward’s wishes.
Ehics corner: Estate planning attorneys should not ignore their own mortality By Michael J. Drabant Trusts and Estates, September 2015 Illinois Supreme Court Rule 756 now requires that in each lawyer’s annual registration, he or she must disclose whether there is a written succession plan in place for their firm.
Relying on a homestead exemption? Make sure your client is on title By Jeffrey A. Mollet Agricultural Law, September 2014 The recent decision of GMAC Mortgage, LLC, v. Arrigo et al demonstrates the pitfalls that not formalizing title may bring.
The new emphasis on basis in estate planning By George L. Schoenbeck Young Lawyers Division, June 2014 Since the passage of the American Taxpayer Relief Act of 2012 in early 2013, the vast majority of well-structured estate plans balance estate tax considerations, where relevant, with long-term income tax minimization goals and a variety of other estate planning considerations.
The new emphasis on basis in estate planning By George L. Schoenbeck Trusts and Estates, June 2014 Since the passage of the American Taxpayer Relief Act of 2012 in early 2013, the vast majority of well-structured estate plans balance estate tax considerations, where relevant, with long-term income tax minimization goals and a variety of other estate planning considerations.
Taking charge By Anna Fridman Women and the Law, March 2012 It frequently appears that the male spouses tend to be more heavily involved in the estate planning process; women sometimes take the supporting role and defer to their significant others to make the “right choices.” But it is important to have the conversation about your ultimate vision and make sure that your voice is heard and captured in the estate plan. 
Philanthropic estate planning using community foundations By Dennis J. Jacknewitz Trusts and Estates, September 2011 A look at what constitutes a community foundation, how it differs from a private foundation, and how an attorney can utilize community foundations for particular client charitable needs.
Convenience accounts—A necessary addition to your estate plan checklist? By Jeffrey A. Mollet Agricultural Law, June 2010 A convenience account could be a valuable tool in developing a comprehensive plan for the parents who are not sure they want to let go of everything just yet.
Financial planning for clients By John J. Horeled Business Advice and Financial Planning, June 2005 It is very important for an attorney to obtain a general knowledge of financial planning for the best interests of the client.