What Is A HIPAA Authorization, And How Does It Work? By E. Christopher Caravette March 24, 2017 In our lifetimes, most of us will face a serious illness or debilitating condition. Most of us also wish our loved ones to be kept well informed about our condition and illness. But unless one has completed and.. read more →

by E. Christopher Caravette What is a “Power of Attorney” in the first place? A Power of Attorney is a legal document that gives another individual the authority to act on your behalf when you do not or cannot act. You are the “principal” and the person you appoint is the “agent”. There are generally.. read more →

05 May 2013
May 5, 2013

Estate Planning Checklist

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ESTATE PLANNING IS SO VERY IMPORTANT! ARE YOU PREPARED? TAKE 60 SECONDS TO ANSWER THESE QUICK QUESTIONS: YES or NO  I have a current Living Will which expresses in writing my wishes concerning life-sustaining treatment or death-delaying procedures. YES or NO   I have a Health Care Power of Attorney or Health Care Surrogate to permit my spouse,.. read more →

by E. Christopher Caravette Illinois is one of only a few states that allow Land Trusts which can be a terrific estate planning tool. What is a Land Trust, and how can it benefit you? A Land Trust is established by signing a Trust Agreement with the trustee, usually an institution in the business of.. read more →

01 Jan 2013
January 1, 2013

Revocable Living Trust

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by E. Christopher Caravette What is a Revocable Living Trust, and How Can it Benefit Me? A revocable living trust is a type of trust that is typically used for estate planning purposes.  It is a carefully drafted document, called a trust agreement or declaration of trust, that is tailored to your particular and unique.. read more →

01 Jan 2013
January 1, 2013

Is It Time for a Financial Checkup?

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by E. Christopher Caravette Many of us, especially as we get older, are good about going to the doctor for an annual physical.  But how many of us take the time to get our financial house in order? We got to the edge of the “fiscal cliff”, but did not fall over.  The real estate.. read more →

Choosing beneficiaries is an important step in filling out financial documents. Here’s how to make sure the right people will benefit from your estate. Many financial documents provide space for you to designate a beneficiary who will receive the money involved in the event of your death. These documents include life insurance policies, annuities and.. read more →

01 Nov 1999
November 1, 1999

IRA Menu

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by Margaret Upsala IRAs are still a great investment, just made a little more complicated though the helpful working of Congress. Back in the 1970s, Individual Retirement Accounts were pretty simple: Put in up to $2,000 a year, take a tax deduction for your contribution, and watch your earnings grow, untaxed, until you were between.. read more →

by Kathy Kristof Oct 25,1999 If you are considering co-signing to help your child — or anyone else — get a credit card, you might want to think twice. For parents, co-signing is often the quickest and easiest way to help a child obtain credit or handle emergencies when he or she heads off to.. read more →