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When someone passes away (referred to as a “Decedent”), it can often be a confusing and frustrating process to collect their assets, especially if you are told that you will need to go through a probate to do so. Assets of the Decedent with surviving joint owners or surviving beneficiaries...

What did you want to be when you grew up? Growing up I wanted to be a paleontologist or an archaeologist. When did you decide you wanted to be a lawyer? I decided to attend law school after volunteering for a political candidate while attending undergrad at DePaul University in...

Every trust has at least one grantor, also known as the trustmaker, i.e., the person who creates the trust. So, it can be confusing when terms like grantor trust and nongrantor trust are used. It is helpful to understand that neither of these terms refers to the existence or nonexistence...