Posted on October 10, 2025 in Estate Planning

As a nurse, you dedicate your life to caring for others. When it comes to protecting your own future, however, it is easy to put planning on the back burner. Between demanding shifts, patient care, and administrative work, estate planning may not feel like a top priority. But your career comes with financial and professional risks that make planning ahead essential.

At Gateville Law Firm, our Plainfield, IL estate planning attorney can help you start thinking about your long-term financial goals and how to protect your values in an estate plan. Whether you work in a hospital, clinic, or private practice, these estate planning and asset protection tips can help you secure your financial future.

Five Estate Planning Tips for Nurses in Illinois

Write a Comprehensive Will and Trust

Continue Reading ››

 Posted on October 01, 2025 in Estate Planning

A cancer diagnosis changes everything. In addition to managing a loved one’s medical treatment, many families suddenly face questions about the future: How will assets be managed if your loved one becomes too ill? Who will make medical decisions? What will happen to everyone else if your loved one passes away? 

While these are difficult topics, careful estate planning provides peace of mind and control during frightening and uncertain times. At Gateville Law Firm, our Plano, IL estate planning attorney has more than 20 years of experience helping families prepare for the unexpected. We offer free consultations to help you create a plan that protects both your health care wishes and your financial security.

Powers of Attorney for Health and Property

Cancer treatment can involve long hospital stays, surgeries, or medications that leave patients unable to manage daily responsibilities. In Illinois, two essential tools allow trusted people to step in if needed:

Continue Reading ››

 Posted on September 29, 2025 in Estate Planning

Saving for retirement takes most people decades of careful planning, and many people hope to pass on whatever is left of their nest egg to their children or grandchildren. But what happens if your heir faces financial trouble, such as overwhelming debt, a bankruptcy filing, or even a lawsuit? Without protection, the assets you leave behind may be at risk.

One solution is creating a retirement trust. This type of trust allows you to protect your hard-earned savings so that your beneficiaries can enjoy long-term benefits without the danger of losing those funds to creditors. Call a Sugar Grove, IL estate planning lawyer to learn more. 

What Is a Retirement Trust?

A retirement trust is a specialized form of trust designed to receive retirement account assets such as IRAs and 401(k)s after your death. Rather than paying those funds directly to your heirs, the retirement account is transferred into the trust, where a trustee manages distributions according to your instructions.

Continue Reading ››

 Posted on September 24, 2025 in Real Estate

Real estate can be a smart investment, but it also comes with risks. Tenants can sue, creditors can file claims, and accidents on the property can expose you to liability. For investors in Illinois, protecting real estate assets is just as important as acquiring them. Without proper planning, one lawsuit could put years of hard work and investment at risk.

If you own or plan to invest in property anywhere in Illinois, understanding real estate liability and asset protection strategies can help safeguard your financial future. With more than 20 years of experience, our Aurora, IL estate planning and asset protection attorney provides guidance to help investors avoid unnecessary risks. We offer free consultations.

Continue Reading ››

 Posted on September 19, 2025 in Estate Planning

Owning a vacation home in another state can be a dream come true for a family. Whether you spend summers in Wisconsin, winters in Florida, or holidays at a cabin in Michigan, having a second home creates lifelong memories. But what many families do not realize is that an out-of-state property can complicate matters significantly if it has to go through probate after the owner passes away.

At Gateville Law Firm, our Yorkville, IL estate planning attorney has over 20 years of experience helping clients preserve real estate wealth and protect their families. We offer free consultations to review your estate plan and explain how tools like living trusts can keep your property safe from unnecessary court involvement.

Why Probate Is a Problem for Out-of-State Homes

When you own real estate outside of Illinois, your estate faces a particularly challenging scenario upon your death. While your Illinois-based assets may go through probate in Kendall County, any out-of-state real property must undergo ancillary probate in the state where it's located. This means your family could be dealing with probate proceedings in multiple jurisdictions simultaneously.

Continue Reading ››

 Posted on September 15, 2025 in Estate Planning

As retirement approaches, many people in Illinois begin to think more seriously about what will happen to their property, finances, and medical care in the future. Estate planning gives seniors and retirees a way to protect their wishes and provide for their loved ones. Unfortunately, some common mistakes can put those plans at risk. Avoiding these mistakes can make the difference between an easy property transfer and confusion or conflict.

At Gateville Law Firm, our Sugar Grove, IL estate planning lawyer has free consultations for those who want to create or update their estate plans. With careful guidance, you can get the peace of mind you need without these common errors. 

Estate Planning Mistake 1: Not Updating an Old Will or Trust

One of the biggest estate planning mistakes is leaving documents unchanged for years. A will or trust that was written when your children were young or before you retired may no longer reflect your current situation. Major life events such as the death of a spouse or a second marriage can all affect your estate plan. Seniors often find that old estate plans accidentally leave out loved ones or divide property in ways that no longer make sense.

Continue Reading ››

 Posted on September 08, 2025 in Asset Protection & Wealth Preservation

When someone dies, their property often becomes tied up in the probate process. Probate is the legal procedure for transferring assets to beneficiaries. It can be time-consuming and costly. Families in Illinois sometimes look for alternatives to make the process faster, and one such option is a bond in lieu of probate.

With over 20 years of experience, the Kane County estate planning attorney at Gateville Law Firm understands how important it is for families to avoid probate. We can help you explore your options for avoiding probate, including bonds in lieu of probate, to reduce costs and delays after a loved one passes away. 

What Is Probate? Can You Avoid It?

Probate in Illinois is the process of proving a will, appointing an executor, and distributing property. While it provides important protections, probate can last months or even years, depending on how complex an estate is. During that time, heirs may be unable to sell or refinance property, and legal fees reduce the value of the inheritance.

Continue Reading ››

 Posted on September 04, 2025 in Estate Planning

Many people create a living trust because they want to avoid probate and make things easier for their loved ones. A basic revocable living trust can accomplish that goal. But if you own significant real estate, have multiple investments, or want to focus on long-term wealth preservation, a more comprehensive wealth-building living trust may be the better choice.

As of September 2025, Illinois estate planning law is structured to allow families to use either a simple revocable trust or a more detailed, layered trust designed to protect and grow assets over time. Choosing the right option depends on your personal goals and the complexity of your financial picture. Regardless of the type of trust you need, our Yorkville, IL estate planning attorney has the experience to guide your decision-making. 

Continue Reading ››

 Posted on August 31, 2025 in Estate Planning

Healthcare professionals like nurses, physicians, and advanced practitioners are often so focused on caring for others that they overlook their own retirement and estate planning. Many work long hours, earn stable incomes, and accumulate valuable assets like retirement accounts, real estate, and pensions. However, without proper planning, those assets can be lost to taxes, probate court, or poor decision-making in retirement.

If you live or work in Illinois, here are the top five mistakes healthcare professionals make when preparing for retirement and what you should do instead. Work with our Montgomery, IL wills and trusts attorney for healthcare professionals and avoid making these mistakes when you plan for your future.

Mistake 1: Delaying Estate Planning or Only Having a Simple Will

Many professionals assume that a will is enough, or they delay estate planning altogether. But a will alone does not avoid probate court. If you become incapacitated or pass away without a trust-based plan, your family may face costly court delays, legal fees, and unnecessary stress.

Continue Reading ››

 Posted on August 26, 2025 in Business Law

If you are a licensed professional in Illinois, you may be wondering whether you should form a Professional Limited Liability Company (PLLC) rather than a standard Limited Liability Company (LLC). Illinois has specific rules for certain regulated professions, and choosing the wrong entity type can cause costly delays or even prevent you from registering your business properly.

Understanding the right business structure of your practice is an important part of protecting yourself and helping your professional practice thrive. Call our Kendall County business law attorney today to learn more about PLLCs and whether you could benefit from one. 

What Is a Professional LLC (PLLC)?

A PLLC is a type of LLC designed for professionals who provide services that require a state license. In Illinois, if you hold a professional license, such as in medicine, law, or accounting, you may be required to form a PLLC instead of a traditional LLC.

Continue Reading ››