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Month: August 2022

Should a QTIP trust be part of my estate plan?

On Behalf of North Shore Estate Planning | Aug 23, 2022 | ESTATE PLANNING - Estate Planning

Many Ilinois residents combine various financial instruments when devising their estate plan, including trusts. One of the lesser-known trusts is a qualified terminable interest property (QTIP) trust. Is this type of trust right for your situation? What is a QTIP...

Why are people ditching TOD accounts in favor of revocable trusts?

On Behalf of North Shore Estate Planning | Aug 10, 2022 | ESTATE PLANNING - Trusts

If you want to take care of estate planning in Illinois, you have many ways to accomplish this task. Understandably, most people want to complete the estate planning process quickly. That's why some people choose to distribute their assets through a taxable-on-death...

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Month: August 2022

Should a QTIP trust be part of my estate plan?

Why are people ditching TOD accounts in favor of revocable trusts?

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