Selling an Inherited Home: The Stress-Free Guide

By | April 12th, 2019|Estate Planning, Probate|

Inheriting a house from a loved one can be a wonderful gift or a challenging inconvenience. Depending on your individual circumstances you basically have three choices on what you can do with the home: move into it, rent it out, or sell it. Many times, families will move into an inherited home and sell their own properties that they’ve been living in. In other cases, those who inherit a home will either rent the property out as an income property, or they hold an estate sale to sell off unneeded items, then sell the property itself. If you’re planning on [...]

Will Drafting: Understanding Probate Law in the State of Illinois

By | December 5th, 2018|Probate Law|

Under the State of Illinois, Probate is a legal procedure that administers the estate or other assets of a person who has passed away. This legal process is done be resolving the claims regarding the estate and by then distributing the property. The distribution of the property will then be handled with due diligence of a valid will or under the laws of the state. Essential Steps for When Probate Becomes Necessary In the aftermath of a person passing away, there are several steps that could be completed in order to satisfy the state’s Probate process. When a person has [...]

How to File a Power of Attorney for Property Reasons in the State of Illinois

By | November 22nd, 2018|Estate Planning|

Whether or not you are facing an incapacitating health issue, you may consider obtaining a power of attorney for your property and assets. A power of attorney for property is a document that grants people the legal ability to make decisions regarding your assets and properties. If you are seeking to file this type of power of attorney, there are several important factors you must consider in order to ensure that your documents are valid for when they need to be. This article will discuss essential elements to understand when filing for a power of attorney for your property.   [...]

How to File a Power of Attorney for Health Care in the State of Illinois

By | October 14th, 2018|Estate Planning|

If you are facing a debilitating health issue, you may consider obtaining a power of attorney for health care. A power of attorney for health care is a document that grants people the legal ability to make health care related decisions on your behalf. In order to petition for a power of attorney for health care purposes, the following elements should be considered: The appropriate power of attorney for health care form should be filled out. In the State of Illinois, there are two types of power of attorney forms available. One form concerns property and assets. The second type [...]

Differences between a Conservator and a Guardian in Illinois

By | September 20th, 2018|Conservatorship, Guardianship|

In the State of Illinois, a conservator and a guardian are very similar roles. There are, however, important differences that you should consider when deciding what is the best role for your specific case. Seeking a conservatorship and a guardianship can both be useful under the following circumstances: In the event of a sudden illness In the event of an injury Due to a disability For each of these circumstances, the debilitating and restricting matter would place a person with the inability to make his or her own decisions about his or her personal affairs. This could include his or [...]

Aretha Franklin Dies Without a Will or Living Trust, $80M at Stake

By | August 23rd, 2018|Estate Planning, Probate|

Legendary singer and performer Aretha Franklin died on August 16, 2018, leaving behind a legacy of thousands of performances, and countless chart topping Jazz and R&B hits. What did she not leave behind? A will or living trust. When someone passes away without a will or living trust, they die “intestate”. This means that there are no official documents that instruct Franklin's heirs on how to distribute her assets. A recent Gallup poll suggests that only 44% of Americans actually have a will, which leaves the vast majority of people’s children responsible to dispose of their property when they die [...]

Obtaining a Guardianship in the State of Illinois: Understanding a Petition’s Preliminary Process

By | August 14th, 2018|Guardianship|

Seeking the legal guardianship of another person or of his or her estate can be a necessary tool for many parties. While advantageous, the process for petitioning for a guardianship can be difficult. Incorrectly filing for a guardianship can result in the denial of such which can be time consuming as well as financially straining. In order to seek the guardianship of another person or of his or her estate, it is important to understand the general overview of the petition process. Further, while petitioning for a guardianship can be submitted without the assistance of an estate attorney, the support [...]