May, 2014 Archives

Archives for May 2014

Regardless of your age, you should have an estate plan

Most people, if not all, can benefit from having rules and parameters in place for others to follow at the time of their death. These rules are called estate plans. … [Read more...]

Adhering to The Illinois Vehicle Code for commercial vehicles

In 2010, The University of Illinois at Chicago released its annual report on traffic stops in Illinois. The report stated that over 2.3 million traffic stops were made in the state. … [Read more...]

Proving cargo loss

Shippers in Chicago experience the financial sting of potential loss when their cargo does not arrive at its final destination or if it arrives damaged. State and federal law find that cargo companies are liable for most losses and they must pay to replace the items at full market value, unless the shipper agreed to a lower value for the load before the loss was sustained. … [Read more...]

New rules for foreclosures in Illinois

New Illinois foreclosure rules which went into effect last year, were put in place to assist and protect those who face foreclosure on their residential property. … [Read more...]

Avoiding Zombie Title Pitfalls

According to a 2009 -RealtyTrac study, foreclosure filings increased by more than 81 percent in 2008. This means that just over 860,000 families lost their homes when they were unable to keep up their mortgage payments. … [Read more...]

Tips on maintaining your estate plan

If you are one who understands the importance of having an estate plan, you may have already taken the first important step of meeting with an attorney. During this process, you most likely discussed and had and paperwork drawn up for a will, a power of attorney or perhaps a trust. … [Read more...]

The advantages of setting up a trust

Many people in Chicago, Illinois, may think creating a will is enough to set their affairs in order. Although a will represents an essential starting point, people with significant assets or complicated circumstances should also consider setting up a trust. … [Read more...]

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