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    • Drendel & Jansons Law Group
    • Attorneys
  • Estate Planning
    • Estate Tax Planning
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    • Miscellaneous Estate Planning Tools
    • Powers of Attorney
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    • Trusts
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    • Guardianship Estate Administration
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Author Archives: Drendel & Jansons

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What is the Difference Between a Trust and a Will?

Estate Planning, Trust, WillBy Drendel & JansonsJanuary 29, 2021Leave a comment

One of the most common questions, and an area of much misunderstanding, involves the difference between a Trust and a Will. I have not addressed the subject in some time, so doing so again seems appropriate. I will begin with an explanation of Wills since people seem to have a better idea of the concept…

Family and Future Planning Advice Amidst Uncertain Times

Family LawBy Drendel & JansonsJanuary 26, 2021Leave a comment

When it comes to protecting your family and loved ones, most parents will do whatever it takes to support their future. Especially during these uncertain times, families and couples are facing tremendous challenges when it comes to their health, mental well-being, relationship, and financial security. If you are a new parent, single parent, or a…

How Well Can You Answer Some Common Estate Planning Questions?

Estate PlanningBy Drendel & JansonsNovember 23, 20202 Comments

The Internet has opened up the world for do-it-yourselfers, including the option do your own estate planning.  People have saved a tremendous amount of money by “Googling it” and finding how-to videos and instructions on all kinds of things. From alternatives to medicine that promise relief from ailment and good health to do-it-yourself Will kits,…

Answers to Common Estate Planning Questions

UncategorizedBy Drendel & JansonsNovember 23, 20201 Comment

If you have found yourself on this page, you have read the article, How Well Can You Answer Some Common Estate Planning Questions? If you are thinking about doing estate planning yourself using one of the available online estate planning kits, you should have some confidence in your understanding of estate planning to do it…

Probate by the Numbers

Estate Planning, ProbateBy Drendel & JansonsOctober 12, 2020Leave a comment

Anyone who is thinking about estate planning thinks (or should be thinking) about probate. Probate is the term that generally describes the administration of an estate of a deceased person. Probate is also the process for administrating the estate of a deceased person that is established in the State Probate Act.  That process is handled…

How to Handle Gifts or Loans to Children in a Will or Trust

Estate Planning, Last Will & Testament, TrustsBy Drendel & JansonsJune 10, 2020Leave a comment

Most people help their children when their children need help, even when they are adults. Sometimes that means making “loans” to them. You should think about how to handle gifts or loans to children in a Will or Trust. Your family will thank you for it! Imagine that your son’s car breaks down, and he…

The Difference Between Irrevocable Trusts and Revocable Trusts

Estate Planning, Living TrustBy Drendel & JansonsMay 26, 2020Leave a comment

Trusts are very robust and handy estate planning tools. If you are not familiar with trusts, perhaps you should read some articles that explain what trusts are (See Trusts Compared to Corporations; The Benefits of Living Trusts; and Avoiding Probate is a Matter of Trust) Even if you are familiar with trusts, the difference between…

The New Illinois Trust Code – Accounting

Estate Planning, Living Trust, UncategorizedBy Drendel & JansonsFebruary 6, 2020Leave a comment

Some significant changes affecting trusts have come to Illinois with the New Year. Effective January 1, 2020, the Illinois Trust Code replaced the Illinois Trusts and Trustees Act. One of the biggest areas of change involves the duty of a trustee to provide an accounting. One of the hallmarks of the fiduciary duty that applies…

This Is Why Some Parents Never Worry About Money

Family Planning, Financial PlanningBy Drendel & JansonsOctober 1, 2019Leave a comment

It’s no secret that having a family isn’t cheap. Expenses increase with each addition, and things you never thought were needed in your home suddenly become a necessity. The moment you realize you’re about to become a parent, you can start planning for the financial changes that will come with the new addition to your…

The Dangerous Rocks under the Waters of Joint Bank Accounts

Estate PlanningBy Drendel & JansonsJune 19, 2019Leave a comment

I’ve seen it time and time again. A client comes in who has added a son, or a daughter, or a grandchild, or a niece or nephew, or someone else to the client’s bank account… or that is the client’s plan. It seems like a good idea. It gives another person access to the bank…

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  • The Supreme Court of Illinois does not recognize certifications of specialties in the practice of law and the certificate, award or recognition is not a requirement to practice law in Illinois.
  • The information on this website is for general purposes only and should not be interpreted to indicate a certain result will occur in your specific legal situation.
  • The information on this website is not legal advice and does not create an attorney-client relationship.
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