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Estate Planning - Administration in Park Ridge
Below is a list of businesses listed within our directory. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.
Brown- Marc L. Attorney - Park Ridge, IL - Phone: (847) 825-1900
Ferraro- Francis J.- IV Attorney - Park Ridge, IL - Phone: (847) 698-9600
Haley William H Attorney - Park Ridge, IL - Phone: (847) 384-8202
Hansen Thomas J Limited - Park Ridge, IL - Phone: (847) 292-1800
Harth Charles C - Park Ridge, IL - Phone: (847) 696-0774
Owens- Denis J. Attorney - Park Ridge, IL - Phone: (847) 825-2128
Pembroke- Bielski and Associates- LLC - Park Ridge, IL - Phone: (847) 696-0060
Raysa- William G. Attorney - Park Ridge, IL - Phone: (847) 268-8600
Helpful Definition for: Estate Planning - Administration
Estate planning in Park Ridge is the attempt of eliminating confusions over the administration of a probate, optimizing the value of estate and arranging for its safe disposal. It is basically the process of transferring or distributing the assets, including the real & personal properties of the owner to the legal heirs in case of disability or death.
Beneficiary designations, trusts, property ownership, powers of appointment, gift, powers of attorney, living will, partition & specific final arrangements such as whether to be buried or cremated, etc., constitute the major devices of estate planning during lifetime. For post-death estate planning- will, succession & life insurance are the effective tools.
The main objectives of estate planning in Park Ridge are- tax-effective transfer of asset to beneficiaries, pre-decided time of distribution, selection of guardian, trustee or the executor and business succession.
Recent News from the Green Blog
I get the newspaper every day, and usually like to do the sudoku and word puzzles before I even delve into the sports pages. Recently, I solved a cryptoquote that I thought would fit well with one of my blogs; it read, “When we see the land as a community to which we belong, we may begin to use it..