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"A Slice of Chicago"
Center for Disability & Elder Law Summer Benefit
July 21, 2009
6-10 p.m.
Bella Bachino's
75 E. Wacker
Join member Timothy Ritchey and the Center for Disability & Elder Law, CDEL, to celebrate their 25th Anniversary. Enjoy an evening by the banks of the Chicago River and soak in the sight of Chicago's world famous skyline as you dance the night away at CDEL's outdoor summer fest, in support of a great cause.
Founded in 1984 by the Young Lawyers Section of the Chicago Bar Association, CDEL is a nonprofit organization dedicated to protecting and advancing the legal rights of low-income persons with disabilities and senior citizens in Cook County.
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American Bar Association Young Lawyers Division Annual Meeting
July 30 - August 1
Westin River North
Cameron DeGuerre is a member of the host committee for the premier gathering of legal professionals in the United States. Young lawyers have an opportunity to earn an entire years worth of CLE requirements,
network with leading professionals,
stay abreast of recent developments in the law, and
debate and vote on issues of importance to young lawyers.
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Peck Bloom offers Legal Solutions in:
- Trust & Probate Litigation
- Contested Estates
- Guardianships
- Estate Administration
- Estate Planning
- Special Needs Planning
- Elder Law
- Elder Abuse
- Business Planning
- Corporate Law
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Have Questions?
Contact us for an initial
no-cost consultation at:
Peck Bloom, LLC
105 W. Adams Street
31st Floor
Chicago IL 60603
Phone: (312) 201.0900
Toll Free: (877) 845.1743
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Avoid Celebrity-Size Problems |
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 On July 1, 2009, Michael Jackson's will was publicized. The will is only five pages and is somewhat standard. The most controversial issue is Jackson's decision of who he chose to administer his estate. While he appointed his mother to be guardian of his children, he appointed John Branca, his attorney, and John McClain, a music executive, to be the executors of his estate. There seems to be surprise and skepticism from Jackson's family that the will does not appoint family members to administer his estate.
The choice of executor is one of the most difficult decisions when preparing estate documents. The most important factor is the person chosen is trustworthy. Jackson was aware of the complexity of his assets and expected issues relating to royalties and music-related property to arise. In that instance, appointing someone with specialized expertise regarding assets is recommended. Was it necessary to appoint a lawyer? There is no prevailing reason to appoint a lawyer as executor. The legal aspects of estate administration can be handled by retaining an estates lawyer to provide legal advice as needed.
Maybe Jackson did not want to inconvenience his family with the complicated administration. Some attorneys recommend the will-maker appoint the family member, but leave a letter in addition to the will indicating they recognize the job of administering the estate will be difficult and thereby relieve the family of the obligation if they chose to renounce. This alleviates the guilt associated with renouncing as executor but gives the option of having control over the estate if the family so chooses.
Surprise is never good in estate matters. The disappointment felt by the Jackson family resulted from Jackson not advising them of his choice of executors before he died. When a family finds out after death they are excluded from the will bad feelings result. Reading it in a legal document without hearing it from the loved one makes it difficult to accept.
Don't wait to protect your family and secure your legacy. Contact Peck Bloom, LLC today to avoid your family fighting in probate court once you're gone.
To view Michael Jackson's complete will, click here. |
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Kerry Peck Presents at National Association of Elder Law Attorneys Special Needs Program "Phoenix Rising" |
Kerry Peck teamed up with Elder Law attorneys Diana Law and Howard Berk to teach the seminar "123s and ABCs of Special Needs Trusts" at the National Association of Elder Law Attorneys "Phoenix Rising" special needs program. At the seminar, attorneys learned how to devise creative schemes to revolutionize the use of special needs trusts and increase a firm's revenue in the down economy. The Phoenix Rising special needs program took place May 27th through May 30th at the Grand Resort in Phoenix, Arizona.
For more information on this seminar, visit their website.
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JULY - AUGUST: Calendar of Events |
July 29: Summer Institute on Aging: "Elder Abuse"
9:00 a.m.: Loyola University, 25 E. Pearson, Chicago, IL
Contact: Marguerite Angelari, (312) 915-7835
July 30: Race Judicata
6:30 p.m.: Grant Park. Lower Hutchinson Field, Chicago, IL
August 14: "How to Avoid Legal Hassles"
10:00 a.m.: Village of Lincolnwood, 6900 N. Lincoln Avenue, Lincolnwood, IL
Contact: Jan Springer, 847-745-4521
August 25: "How to Prevent End-of-Life Disputes"
10:30 a.m.: Illinois Federation of Teachers, Robert M. Healey Conference Center, 500 Oakmont Lane, Westmont, IL
Contact: Judy Jennings, 630-468-4098
Are you a member of a professional, community or religious organization that would like an attorney from our firm to provide a no-cost seminar on any of the legal solutions listed on the left? If so, please contact us at (312) 201.0900 or info@peckbloom.com for more details! |
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$100
Off! |
Summer Stimulus Coupon: For a limited time new clients receive $100 off estate planning services provided by Peck Bloom, LLC.
Limited to:
Not valid for current clients or estate planning that has already been, or is in the process of being, completed by Peck Bloom, LLC. |
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Offer Expires: August 31, 2009 | |
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This e-mail may constitute an advertisement or solicitation under state laws. This client newsletter is not intended as legal advice, which may often turn on specific facts. Readers should seek specific legal advice before acting with regard to the subjects mentioned here.
DISCLAIMER: This communication, along with any documents, files or attachments, is intended only for the use of the addressee and may contain legally privileged and confidential information. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of any information contained in or attached to this communication is strictly prohibited. If you have received this message in error, please notify the sender immediately and destroy the original communication and its attachments without reading, printing or saving in any manner. This communication does not form any contractual obligation on behalf of the sender or Peck Bloom & Koenig, LLC. Unless expressly stated otherwise, any tax advice in this message is not intended or written to be used, and cannot be used by a taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer. Please consult your tax attorney regarding the form of tax advice that may be relied upon to avoid penalties under the Internal Revenue Code. |
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