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Three things to know about the mediation process

Mediation is an option to consider in a range of situations. These can include divorce, spousal maintenance, contested wills, and child custody, visitation and support. But many people wonder if mediation is for them. Here are three things it’s good to know when deciding… It is a voluntary process It is only legally binding if…
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What is a prenup

What to include in your pre-nuptial agreement

A prenup is a contract between two individuals that specifies the liabilities and assets they bring to the marriage. It also determines your property rights should your marriage end in a divorce. Some of the items to include in your pre-nuptial agreement are: Saving and spending strategies Financial obligations during the marriage Separate and marital…
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What is a power of attorney

The four types of power of attorney

When creating a living trust, you’re required to appoint a power of attorney who will act in your place when you’re incapacitated. Here are four types of power of attorney that can help you make an informed decision. General – your power of attorney can perform any act, including opening financial accounts and signing financial…
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Need to find an attorney

Help! Do I need a special needs trust?

A special needs trust is a document that allows you to hold or protect assets for your beneficiary with disabilities. Here are some reasons why you should establish a special needs trust. To choose someone to serve as a trustee, especially if your beneficiary is unable to manage finances To protect assets for your loved…
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Estate planning Adam C. Gynac & Associates LLC Joliet, IL

Trusts when estate planning

You may be considering establishing a trust as part of your estate planning actions. There are key benefits to be gained from this course of action. These can include… Preventing the need for time and cost consuming probate Provisions in a trust can typically remain private; whereas a will must be filed with the Circuit…
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Wedding rings divorce Adam C. Gynac & Associates LLC Joliet IL

Do you really need a divorce attorney?

You’ve decided to end your marriage, but don’t know what to do next. Here are two reasons why consulting with a divorce attorney is a wise move. Importance of Consulting a Divorce Attorney: Seeking legal advice from an experienced divorce attorney helps you understand your options and navigate the complex process of divorce effectively. Understanding…
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