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The Pros and Cons of Prenuptial Agreements A prenuptial agreement, more commonly known as a “prenup,” is an agreement entered into by a couple before they get married. The central purpose of forming a prenuptial agreement...

Illinois Estate Tax Exemption and Calculation Planning your estate is a necessary step in making sure your heirs get the property they are entitled to. In Illinois, like the federal government, there is a tax placed on the...

1031 Exchanges Only two things in life are certain: death and taxes. Death is impossible to avoid, but I’m going to let you in on a little secret; you may be able to defer paying taxes on the sale of real property that is...

Declarations for Mental Health Treatment Preparing for the worst isn’t always easy, but it is sensible. The Mental Health Treatment Preference Declaration Act is an easy way to prepare for an unfortunate event that may...

Cannabis Legalization: What You Need to Know Recently, the Illinois General Assembly passed the “Cannabis Regulation and Tax Act” which will legalize recreational use of cannabis in Illinois. Beginning on January 1, 2020,...