Author Archives: admin

5 Reasons You Need an Estate Plan

Posted on April 10, 2012 by admin

Avoiding Probate Avoiding probate is by far the most common reason why people seek out the advice of an estate planning attorney. While many have never even dealt with probate, they still know one thing – they want to avoid it at … Continue reading →

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When Should I Create a Medical Power of Attorney?

Posted on March 20, 2012 by admin

It is important to understand what a medical power of attorney is and to create one before the need to use it arises. This article will discuss prudent estate planning measures concerning the medical power of attorney document. When is the Best … Continue reading →

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Tenant in The Cold

Posted on January 19, 2012 by admin

In accordance with Illinois public policy, no person should be denied essential utility service during the winter months due to financial inability to pay. Under Illinois law, public utility companies and residential heating customers must deal with each other in … Continue reading →

Posted in Landlorad/Tenant, Uncategorized | Comments Off

Differences Between Revocable or Irrevocable

Posted on November 19, 2010 by admin

The primary difference between a Revocable and Irrevocable Trust is flexibility. Revocable means you can make changes to your trust. Irrevocable means that once it is created the terms are final and you cannot alter fiduciaries or beneficiaries. What Revocable … Continue reading →

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When You Should Change Your Estate Plan

Posted on November 17, 2010 by admin

When life changes, it is time to change your Last Will and Testament. If you don’t change your Will at the proper time, some loved ones may not receive an inheritance, your Will may become invalid, or your estate may … Continue reading →

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Incapacity Arrangements

Posted on November 15, 2010 by admin

If you have not included an incapacity arrangement in your estate plan you should do so immediately. Every person needs an incapacity plan to care for their financial assets and medical needs in the event of a mental disability or … Continue reading →

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Estate tax to resume with new year

Posted on November 15, 2010 by admin

Efforts under way to prevent 55 percent jump November 13, 2010 6:16 PM By DAN BRANNAN Without Congress’ intervention, the federal estate tax will return in full force next year with a top rate of 55 percent on taxable estates … Continue reading →

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Subletting Restrictions on Leases

Posted on November 12, 2010 by admin

When a tenant decides to move before a lease has expired, he or she may find subletting a feasible option to conserve as much rent money as possible. How should a landlord respond to a tenant’s request to sublet? The … Continue reading →

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Saving Money on Estate Taxes

Posted on November 12, 2010 by admin

Passing on the wealth you’ve accumulated over the years to your heirs isn’t always as easy as it seems. With the $1,000,000 estate tax exemption scheduled to come back in 2011, a much larger group of people will be paying … Continue reading →

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