Fishing and Boating Rights on the Fox River and Chain O’Lakes The Fox River flows through the State of Wisconsin and then flows through the State of Illinois into the Illinois River. This makes it a Federal Waterway because it Read More….
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When Should I Create My Estate Plan?
When Should I Create My Estate Plan? Many believe that estate planning is something you do when you are near the end of your life. While that is very much true for most people, this really should not be the Read More….
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Why Would I Need Both A Trust And A Will? Isn’t The Trust Enough?
Why Would I Need Both A Trust And A Will? Isn’t The Trust Enough? The benefit of a trust, as most attorneys will tell you, is the ability to skip probate. An attorney will also tell you that when you Read More….
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Wills, Trusts, and Probate
Wills, Trusts, and Probate When you think of estate planning, most people only really think about their Will. For the longest time, the Will was the sole method of determining what would happen to your estate upon your passing. However, Read More….
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I Am Getting Married Soon. Should I Change My Estate Plans With A Will or A Trust?
I Am Getting Married Soon. Should I Change My Estate Plans With A Will or A Trust? As many a country singer will tell you, it’s never too late for love. Many people can go through life and not meet Read More….
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QUIET TITLE ACTIONS AND WHEN TO FILE A QUIET TITLE CASE
QUIET TITLE ACTIONS AND WHEN TO FILE A QUIET TITLE CASE The act of Quieting Title on property is intended to produce clear and marketable title. If a property’s title is not clear and marketable it likely has a title Read More….
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The Purpose of a Trustee in being the Trustee of a Trust
The Purpose of a Trustee in being the Trustee of a Trust When a person creates a trust, the process includes electing a person to serve as trustee. The trustee will be the person who manages the trust upon the Read More….
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Can I Give to Someone Outside My Family After I have Passed?
Can I Give to Someone Outside My Family After I have Passed? When people think of managing their estate, the first thought that often goes through their mind is their family, their kids, their grandkids, brothers, sisters, etc. When thinking Read More….
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SOMEONE IS CLAIMING OWNERSHIP OF MY REAL ESTATE PROPERTY. DOES THIS AFFECT ME, AND WHAT SHOULD I DO?
SOMEONE IS CLAIMING OWNERSHIP OF MY REAL ESTATE PROPERTY. DOES THIS AFFECT ME, AND WHAT SHOULD I DO? As a property owner, one of the initial steps to take when purchasing a piece of real estate is to review the Read More….
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QUIET TITLE ACTIONS TO RESOLVE PROPERTY TITLE ISSUES
QUIET TITLE ACTIONS TO RESOLVE PROPERTY TITLE ISSUES The act of quieting title on real property can produce clear and marketable title if a property’s title has a title defect, also known as a “cloud.” Title defects are called clouds Read More….
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Probate Estate What’s The Point Of An Inventory
Probate Estate What’s The Point Of An Inventory When it falls to a family member, friend, or trusted confidant to take on the role of executor, it comes with a lot of responsibility. You are accepting the duty of faithfully Read More….
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POWERS OF ATTORNEY AND A LIVING WILL? WHAT ARE THOSE THAT AND WHAT DO THEY DO FOR ME?
POWERS OF ATTORNEY AND A LIVING WILL? WHAT ARE THOSE THAT AND WHAT DO THEY DO FOR ME? When people hear the word “will” tossed around, they assume that you are referring to the document that one creates for after Read More….
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EXECUTOR VS TRUSTEE, WHO REALLY HAS THE POWER?
EXECUTOR VS TRUSTEE, WHO REALLY HAS THE POWER? When administering one’s property after death, it is very important to know your designations and roles in the administration. Often, a person will create two separate documents to deal with their estate: Read More….
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What Is An Equitable Lien? Could It Help Me Collect on My Mortgage?
What Is An Equitable Lien? Could It Help Me Collect on My Mortgage? In the legal system, having a document or a contract is how you display to the world, what was agreed to and what was supposed to happen. Read More….
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Knowing the difference between Co-Trustee/Executor and a Successor Trustee/Executor
Knowing the difference between Co-Trustee/Executor and a Successor Trustee/Executor When setting up your trust or your will, you will need to decide who will be the person in charge of administering your estate. Most often people choose their children to Read More….
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EQUITABLE MORTGAGE FORECLOSURE
EQUITABLE MORTGAGE FORECLOSURE As a lender, you know that when you issue a mortgage to a debtor, they are expected to make monthly payments, and in the event they don’t, they can be found in default. When the debtor is Read More….
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