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Should I Put My Home in an Illinois Land Trust?

Should I Put My Home in an Illinois Land Trust? If you own a home you may have heard of an Illinois land trust. We real estate and estate planning lawyers at Johnston Tomei Lenczycki & Goldberg LLC often see clients with land trusts. Sometimes the land trust is beneficial, sometimes it is not. Whether... Read more »

What is a UTMA Account?

What is a UTMA Account? If you have minor children, you may have heard of a UTMA account. UTMA stands for Uniform Transfer to Minors Act, and it governs how the money of a minor should be handled for the minor’s benefit. The UTMA permits the use of a UTMA account, which is a type... Read more »

The Mortgage Foreclosure Summons and Complaint

The Mortgage Foreclosure Summons and Complaint After a bank has sent its notice of intent to accelerate, the next document a homeowner will receive will be the Mortgage Foreclosure Summons and Complaint.  These documents will be served upon the homeowner at the homeowner’s residence. The Mortgage Foreclosure Summons will be directed to each named defendant in the foreclosure... Read more »

What Information do I Need for an Estate Planning Initial Consultation?

What Information do I need for an Estate Planning Initial Consultation? If you are interested in determining what estate planning you might need, you will want to gather the following information to be fully prepared for an initial consultation with an estate planning attorney: A List of Close Family Members. It is important for an... Read more »

Do I Need a Will and a Trust?

Do I need a Will and a Trust? If you have determined that your estate planning will include a Revocable Trust, you may also be considering whether you need a Will as well. Understandably, many people believe that a Trust is superior to a Will and thus supersedes a Will. This is untrue, as a... Read more »

Should I Participate in Foreclosure Mediation?

Should I participate in Foreclosure Mediation? Cook County, Lake County, and Will County all offer foreclosure mediation programs with varying results.  At its heart, mediation is the court-sanctioned opportunity for the homeowner to sit down with the foreclosing bank’s representative and hash out an agreement to either permit the homeowner to stay in the home,... Read more »

What is a Certification of Trust?

What is a Certification of Trust?  If you have a Trust and have either put assets into it or are attempting to put assets into it, then you may have been told you need a certification of Trust, a/k/a certificate of Trust. For instance, it is common for a home loan lender to require a... Read more »

What Happens to My Student Loans Upon Death?

What Happens to My Student Loans Upon Death? If you went to college and now have significant student loan debt, you may be worried about what might happen to those student loans if you were to pass away before repaying them. Student loan debt has been steadily rising in the United States, with soaring college... Read more »

Is My Home Protected in Medicaid?

Is My Home Protected in Medicaid? If you own a home in Illinois and are going to need nursing home care or other long-term care in the near future, you may be considering whether your home will be protected when you apply for Medicaid.  Medicaid has certain financial requirements, including total asset value limits and... Read more »

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Johnston Tomei Lenczycki & Goldberg LLC

Phone Number: (847) 549-0600
Fax Number: (847) 589-2263

Libertyville Office
350 N. Milwaukee Ave., Ste. 202
Libertyville, IL 60048

Gurnee Office
223 N. IL. Rt. 21, Ste. 14
Gurnee, Illinois 60031

Manchester Office
2100 Manchester Road, Suite 920
Wheaton, IL 60187