How Guardianship Differs from Guardian ad Litem?

By |October 28th, 2017|Estate Planning, Guardianship, Probate, Wills & Trusts|

Most parents get confused when they hear the words guardianship and guardian ad Litem. While the two terms seem interrelated, they are in fact completely different terms in the legal context. Here we will explain the differences between the two legal terms so that you can make the right decisions for your child. What is Meant by Guardian ad Litem? Ad Litem is a Latin word that is translated to 'for the lawsuit'. Guardian ad Litem (GAL) in the legal context refers to a court-appointed person who prepares a report relating to parental rights. The court can appoint a GAL [...]

Conservatorship Process in Illinois Explained

By |October 9th, 2017|Conservatorship, Estate Planning|

A court-appointed conservator manages the financial affairs of a person who has become incapacitated due to any reason. The conservator supervises the financial matters on behalf of the conservatee who has suffered a debilitating injury, or disease such as dementia or Alzheimer's. Not many people are aware of what conservatorship is and how it affects their estate. Understanding the conservatorship process is important to make the right decisions regarding estate planning. Here, we will explain the process of creating a conservatorship in Illinois and will discuss about its pros and cons. How is a Conservatorship Created? In Illinois, a conservatorship [...]

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