TRUSTS: WHAT HAPPENS WHEN YOU HAVE MULTIPLE TRUSTS? As most estate planning attorneys will tell you, Trusts are considered the gold standard in estate planning. They allow the greatest amount of freedom when determining your wishes, can provide the most Read More….
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QUIET TITLE AND REAL PROPERTY ISSUES
QUIET TITLE AND REAL PROPERTY ISSUES If a property’s title is not clear and marketable it likely has a title defect, also known as a “cloud” on title. Title defects are called clouds because the defect may obscure the property’s Read More….
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SOLAR GROUND LEASES: WHAT DO YOU NEED TO KNOW
SOLAR GROUND LEASES: WHAT DO YOU NEED TO KNOW With the United States making steps towards a more sustainable energy source, numerous areas of clean energy are being explored, wind turbines, electric cars, and the topic of this article, Solar Read More….
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Lake Front and River Water Rights
Lake Front and River Water Rights Many people in America have the desire to live near bodies of water. This can be rivers, streams, ponds, lakes, or even oceans. What does life near water mean for you and your property? Read More….
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INTERPLEADER WHAT IS IT AND WHY WOULD YOU FILE FOR IT?
INTERPLEADER WHAT IS IT AND WHY WOULD YOU FILE FOR IT? When a person or institution comes into a situation where they face two conflicting parties, each claiming they are entitled to an asset held by the person/institution, it, can Read More….
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Partition of Real Estate -What is the Process and is There Any Other Way?
Partition of Real Estate -What is the Process and is There Any Other Way? What happens if the people sharing this property can no longer get along and don’t want to share property together anymore? When two owners of land Read More….
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Types of Estate Assets and When They Require Probate
Types of Estate Assets and When They Require Probate As a person lives their life they will accumulate assets throughout their life. This will be in the form of money, investments, property, and long-term money ensuring contracts like insurance policies. Read More….
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Can I Disclaim My Interest in a Gift or My Inheritance of an Estate?
Can I Disclaim My Interest in a Gift or My Inheritance of an Estate? When a person dies, they usually express in their will or in their trust who they want their assets to go to. Usually, these distributions go Read More….
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My Partner and I bought a home together and now we’ve broken up, what can I do?
My Partner and I bought a home together and now we’ve broken up, what can I do? When you purchase real estate with someone, usually you both are added to the title of said property. When two people are Read More….
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To Amend or Revoke, Which Is the Best Option to Update Your Trust?
To Amend or Revoke, Which Is the Best Option to Update Your Trust? As many estate planning experts would say, getting a trust set up as early as you can is a very good thing to get taken care of Read More….
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WHEN IS THE BEST TIME TO SET UP YOUR TRUST?
WHEN IS THE BEST TIME TO SET UP YOUR TRUST? The question of when to begin thinking about your property after your death is a difficult one for most people. Thinking about death is uncomfortable for many individuals, and considering Read More….
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Skip Probate and do a Trust
Skip Probate and do a Trust When people are trying to make the decision of how best to handle their assets, they often believe all they need to do is create a will and that will be sufficient to handle Read More….
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The Small Estate Affidavit – a Handy Tool for Post Probate and Other Situations
The Small Estate Affidavit – a Handy Tool for Post Probate and Other Situations In Illinois, handling someone’s estate is not the easiest thing to do. Many people have a variety of assets that are held by a variety of Read More….
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Who is your Power of Attorney for Healthcare?
Who is your Power of Attorney for Healthcare? When going about your regular day, you are the one making all of the decisions for yourself. But what happens if you find yourself in a situation where you are unable to Read More….
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TRADEMARKS: DO I NEED TO PROTECT MY BUSINESS NAME?
TRADEMARKS: DO I NEED TO PROTECT MY BUSINESS NAME? When a new business is created, often one of the most fun parts is when the owner is deciding upon both their name, and their logo. This is an opportunity to Read More….
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I Have Created My Trust, Is that All I Need To Do?
I Have Created My Trust, Is that All I Need To Do? Upon someone’s death, usually the estate must be opened and probate must be started with the Courts. This is a long process which many people wish to avoid. Read More….
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