I often am asked whether a living trust will protect assets from nursing home costs, lawsuits, or other risks. The general answer is “no”. A living trust is designed to help you organized your assets and prepare for a time where you may face a disability or when you pass away. A living trust is [...]
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 [...]
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 [...]