Building construction work in a city center Future uncertainties arising from property taxes, the financial woes of the city and state, and challenges obtaining investors have pushed several Chicago-based real estate development firms to pursue projects outside the city. For the last decade, Chicago has experienced a construction boom. However, the market has recently seen a substantial drop in developers taking on new local projects; instead favoring builds in cities such as Nashville, … [Read more...]
Archives for 2020
What You Should Know About Estate Tax in 2020
Posted on February 10, 2020 //
A dummy standing in front of a big red 3D tax word Understanding how the state’s estate tax requirements may impact their families and estates upon their deaths may help guide people’s estate planning choices. Whether preparing for their retirement and potential needs as they age or focusing on ensuring their families’ financial security after their passing, people must consider several factors when developing their estate plans. The state’s estate tax requirements may take assets from those … [Read more...]
ADA Rules Extend to the Digital Realm
Posted on January 20, 2020 //
A man writing "know the rules" on a paper Under the rules outlined in the Americans with Disabilities Act, certain businesses and other organizations must make their websites accessible to people with disabilities. Established in 1990, the ADA aims to ensure people with disabilities, including those with hearing, vision, and physical impairments, have the same opportunities as anyone else. As the internet has taken on a critical role in the everyday lives of people throughout Illinois and the … [Read more...]
Can I Exclude My Spouse from Inheriting My Estate While My Divorce Is Pending?
Posted on January 10, 2020 //
Writing testament my last will on a paper with several $100 dollar bills People in Illinois must take action to exclude their spouses from inheriting their estates if death precedes the finalization of their divorces. Many married people name their spouses as a sole or partial beneficiary of their estates when creating their wills. Only the final divorce or annulment order or a revised will can revoke bequests to the surviving spouse. Surviving spouses who are disinherited will still have the … [Read more...]
