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So far leonardlaw has created 20 blog entries.

The dangers of using incentive trusts

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Thursday, December 20, 2018. When you leave your money and assets to your loved ones, you may want to inspire them to do something in their lives that you believe would make it better for them in the long run. Perhaps during your life, those same [...]

By |2020-07-18T14:22:02+00:00July 16th, 2020|Financial|0 Comments

Calculating your estate’s net worth can help with estate planning

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Friday, January 18, 2019. The idea of creating your estate plan may have you understandably intimidated. After all, creating this type of plan involves making decisions regarding essentially every aspect of your life, including your current affairs, possible future scenarios and events after your death. Anyone [...]

By |2020-07-18T14:22:13+00:00July 16th, 2020|Estate Planning|0 Comments

Trust administration takes a considerable amount of work

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Friday, February 15, 2019. Many people use trusts as part of their estate plans because they can add layers of protection for assets, help prevent assets from going through probate and have terms regarding the usage of the assets. Still, trusts need someone in charge of [...]

By |2020-07-18T14:22:24+00:00July 16th, 2020|Financial|0 Comments

Valid wills must comply with state laws

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Tuesday, April 16, 2019. Like many, you may have specific ideas about what should happen to your property once you pass away. Perhaps you have a special niece to whom you would like to leave your grandmother's ring or a close friend who has always admired [...]

By |2020-07-18T14:22:41+00:00July 16th, 2020|Blog|0 Comments

A special needs trust can protect your child

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Wednesday, May 15, 2019. When most people make plans, their first thoughts often include finding the most convenient and comfortable way to accomplish their goals. For example, planning a vacation may mean finding the quickest route and searching for hotels with pools or other amenities. As [...]

By |2020-07-18T14:22:50+00:00July 16th, 2020|Financial|0 Comments

Why are you putting off signing a power of attorney?

On behalf of Leonard Berg of Leonard F. Berg, Attorney at Law on Wednesday, June 19, 2019. You may have a will, and perhaps you have even established a trust as part of your estate plan. However, like many in Illinois, you may be neglecting one of the most important and misunderstood elements of a complete estate plan: the [...]

By |2020-07-18T14:22:58+00:00July 16th, 2020|Acquisitions|0 Comments