Category: Parents

Keeping the Family Farm in the Family
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Keeping the Family Farm in the Family

[originally appeared in the Prairie Farmer magazine - reprinted with author's permission]
“We worked hard to pay for and build up the farm to what it’s worth today.  We couldn’t have done it without the help of our son (or daughter).   As we do our estate planning, how can we be fair to all [...]

And the winner is...
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And the winner is…

Congratulations to the Pecori-Robinson family of Springfield!! They were the lucky winners of the Edwards Group Kids Guardianship Kit drawing for two season passes to Knights Action Park. The dad, Greg, is a member of the Illinois State Police S.W.A.T. team (Yay for our community heroes!), and mom, Gina, loves staying at home with her [...]

Name Guardians for Your Kids
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Name Guardians for Your Kids

Have you taken steps to protect your kids?
The Kids Guardianship Kit is your resource to choose and name guardians for your kids if something happens to you. I know, it’s hard to picture anyone else raising our kids. And hopefully that will never happen. But if it does, you want to [...]

Families Face Aging Parents - Trends and Struggles
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Families Face Aging Parents – Trends and Struggles

Aging Trends and Obstacles of Legacy and Control
There are some things going on in our society now that makes aging, and the way families deal with it, different than it used to be. The issues below are things I see my clients facing as we discuss planning for aging and disability.
1. Better healthcare [...]

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Please, not another blog about Michael Jackson

There are 2 kinds of people in the world. Some can’t get enough of the Michael Jackson saga. Others are complaining about how all the real news in the world is being drowned out by old Michael videos and talking heads analyzing his dysfunctional family. If you’re in the 2nd group, my apologies. But below [...]

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Wealth Transfer or Wealth Reception – Part #2 – The College Years

I went to U of I in Champaign-Urbana. Both undergrad and law school. A lot has changed since I left law school in 1995. Many new buildings, and tuition has gone way up. Do you know how much it will cost now for 4 years of undergrad, including tuition, books, room and board, etc.? Somewhere [...]

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Michael Jackson: King of Pop (and Estate Planning?)

Are you tired yet of hearing about the Michael Jackson saga? One thing for sure, the gossip media should have plenty to talk about for quite a while. It turns out Michael did have a Last Will & Testament after all. (Thanks to those who sent me links to good articles on his estate issues.) [...]

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Protecting Your Family Like an NFL Lineman

The other day I had a chance to speak at the Rotary Club. My topic, like the article “How (and Why) Athletes Go Broke” in the latest issue of Sports Illustrated, was about protecting the money you’ve worked so hard for. There are many ways your spouse, children or grandchildren could end up losing [...]

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