Tag: Tom Tuohy

Disaster Preparedness this Summer Break

Disaster intrudes into our lives without any warning in most instances. Therefore, being prepared and protecting yourself and your family is critical.

Dreams for Kids

Dreams for Kids Founded in 1989 by the founder of Illinois Living Trust, Tom Tuohy, Dreams for Kids has served over 100,000 youths and is creating transformational student outcomes. The model is grounded in inquiry and project-based learning that encourages students to experience academics through real-world connections with their community while learning essential workplace development skills, […]

Your Guardianship Risk

Guardianship is a legal proceeding people rarely understand fully and barely think about until it hits home.

The reality is that every one of us is at risk of becoming a ward of the state – under order and control of the court system. Let’s take a look at how that might happen.

POD and TOD Account Disadvantages

What are POD and TODs? They are an increasingly popular method of providing for the distribution of financial accounts at your death. They are helpful in certain situations; however, there are critical limitations and risks associated with using them.

Health Care Power of Attorney and Kids

Is it necessary for your children to have a Health Care Power of Attorney document? The short answer is- Maybe

A Chicago Cop, George Halas, and Prince

What could those three people possibly have in common? Horrendous estate planning.

Know Your Health Care Rights

We have all experienced the health care system. Honestly, can you say you are looking forward to your next experience? Part of it is the uncertainty of what we will find out. However, most of our anxiety and frustration is about the feeling we are not in control. Well, you can be, and you have the right to be in total control of your health and your care.

Have Your Beneficiaries Been Reviewed Lately?

There are various reasons why your listed beneficiaries might not fit your current intentions. It can also prove costly because of circumstances beyond your control.

Living Trust Timely Updates to Act Now

The Fall Season is traditionally when clients finally take care of their Living Trust and estate plan. There isn’t anyone who hasn’t thought of taking care of this critical business. But there always seems to be something more important to do. Hopefully, this update gives you some valuable information and an incentive.

6 Estate Planning Myths

We are all guilty of putting something off to a later date. And if there is one thing that is very high on that list, it is taking care of our estate planning. Often, we just don’t want to think about our death and most of our lives; we don’t consider our mortality. But none […]