May, 2017 Archives

Archives for May 2017

Small Estate Affidavits for Decedents Who Lived the Simple Life

Large estates can become extremely complicated when loved ones pass away if thorough planning has not been completed. But smaller estates can often avoid the hassles of a lengthy probate process. While many individuals spend their lives accumulating significant amounts of land, real estate, collectibles and other items of monetary value, others either downsize to achieve a simpler life or never establish a large estate to begin with. For deceased individuals who did not have a high value estate … [Read more...]

Importance of Due Diligence Before Completing a Real Estate Transaction

Due diligence can help prevent homebuyers in Illinois from losing thousands of dollars. This is a vital part of the home buying process and one that is the responsibility of the buyers. While Illinois does require sellers to disclose material defects in the homes, there are additional factors that the buyer should consider when deciding whether or not to go through with the transaction. Buying residential real estate may be one of the largest financial transactions that home buyers ever complete … [Read more...]

Avoid Common Mistakes in Wills

Estate planning is important for all Illinois residents to complete, but they should make certain to avoid making certain common mistakes on their wills that can have unintended consequences. Some of the mistakes that are made include not following the rules, not including all of the assets, choosing the wrong executor, failing to update the will and forgetting to name a guardian for minor children. A will attorney may help clients with writing wills that avoid these errors so that their wishes … [Read more...]

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