POWER OF ATTORNEY DOCUMENTS – COLLEGE KIDS When most people think of estate plan documents, they think that is something that you do when you are older, have a family, have a house, etc. However, that is absolutely not the case! While people under the age of 18 automatically have their parents in charge... Read more »
There are many important decisions to make when selling or buying a home, and hiring a real estate attorney is one of them. A real estate attorney can represent you in negotiations with the other party, help you understand your rights and obligations under the contract, and protect your interests if the deal goes... Read more »
Nowadays, having a blended family is becoming increasingly common. This can cause estate plan documents to need additional details in order to include or exclude children from a spouse’s previous marriage as beneficiaries of an estate plan. STEP-CHILDREN When it comes to step-children from a spouse’s prior marriage, it is up to you to... Read more »
A person who may feel their safety is in danger may request the court to issue them an Order of Protection. The legal order will prohibit a person from committing any domestic violence acts or contacting the people protected by the order. The order also serves several protective reliefs like removing licensed firearms from... Read more »
Illinois is an “equitable division” state, which means that during a divorce, all marital property should be equitably divided between the parties. Some assets are easier to split, like shared savings accounts and vehicles. But for some, it gets even harder to negotiate who keeps what and who leaves it. This includes dividing a... Read more »
Division of property can be one of the most divisive moments during a divorce, because not always does everyone get exactly what they want. This is especially so when you live in a state like Illinois. Illinois is an equitable distribution state, which means that marital assets are not equally distributed between spouses. Rather than... Read more »
A life insurance policy is a safety net for your loved ones. It’s ensuring they are well taken care of when you’re not there. This policy contains the following information; The death benefit – The amount of money to be paid when the insured person dies. It’s usually income tax-free. The beneficiaries – These are... Read more »
When you’re ready to start building the home of your dreams, you’ll need to hire a contractor to do the work. But how can you be sure that the contractor you choose is reliable and trustworthy? As with most transactions, it’s important to seek advice from other people who have used their services in... Read more »
When people think of estate planning, most think of simply Wills and Trusts. However, there are other supporting documents that are just as important in making sure that your wishes upon either your passing, or your incapacitation, are followed. Some of these documents include Healthcare Power of Attorney, Property Power of Attorney, Living Wills, and... Read more »
FIRST STEPS TO INITIAL ESTATE PLANNING Estate Planning can be a confusing and overwhelming process if you do not have previous experience with it. However, it is typically a combination of some straightforward decisions. While each situation is unique, there are some general choices to consider that can streamline the process and help you feel... Read more »