Subrogation
Understanding Subrogation: A Key Concept in Insurance When dealing with insurance claims, you might come across the term “subrogation.” It’s a critical concept in the[…]
When you die and there is no will
When someone dies without a will, they are said to have died "intestate." In Illinois, as in other states, the distribution of a deceased person's[…]
Bunching Charitable Gifts
In recent years, charitable giving has become a crucial component of financial planning for many individuals and families. With the changing landscape of tax laws,[…]
Understanding Donor-Advised Funds: A Modern Approach to Philanthropy
In recent years, donor-advised funds (DAFs) have emerged as a popular vehicle for charitable giving. This innovative approach to philanthropy offers flexibility, tax benefits, and[…]