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Category Archives: News
Despite its name, “Letters of Office” are not really a letter. Instead, the Letters of Office are a one-page official certified document issued by a probate court after a probate estate has been opened. Letters of Office cannot be obtained without first opening a probate estate. Upon entry of an order by the Court, the […]
1. **Limited Liability Protection**: One of the primary benefits of owning real estate in a corporation is the limited liability protection it can offer. The corporation is a separate legal entity from its owners (shareholders), so in the event of lawsuits or debts related to the property, the owners’ personal assets are generally protected. This […]
Pursuant to Illinois law the principal (the person granting the power of attorney) must sign the healthcare power of attorney document. The agent (also known as the attorney-in-fact or the surrogate decision-maker) typically does not need to sign the document for it to be valid. However, the agent’s acceptance of the role is often required […]
News
Maximizing Creditor Benefits: The Strategic Advantages of Filing a Motion to Lift Automatic Stay in Bankruptcy Cases
In the realm of bankruptcy proceedings, creditors often find themselves navigating a complex landscape of legal and financial considerations. One powerful tool at a creditor’s disposal is the option to file a motion to lift the automatic stay. This legal action, though sometimes viewed as aggressive, can yield significant benefits for creditors seeking to protect […]
20+ years serving the real estate transactional and litigation needs of the Palos Hills community and beyond. Put your trust in the experience hands of our staff and attorneys for everything from a simple residential real estate transaction two more complicated litigation related to real estate. Call for a free consultation at (773) 407-2100.
Here Are Five Reasons to Rely on our Firm for your Transactions: 1. Experience – 8,000 closings and counting; 2. Organization – two dedicated and experienced staff members work every real estate transaction file on a daily basis from Monday to Friday; 3. Accessibility- dedicated support staff answer our phones every day, with 95% of […]
So you just closed on the purchase of your dream home! Maybe you just bought that house because he had a baby! What now? How do our protect your family home in case of tragedy? How do you make sure you children are taken care of in case you were to pass away? Do you […]
Illinois has codified its law of descent and distribution in the Illinois Probate Act of 1975, 755 ILCS 5/2-1. The Illinois Probate Act lists degrees of heirship. Generally speaking, the closer relations to the decedent take shares of the estate prior to more distant relations. Distribution is partially determined by whether the decedent was married […]
Here Are Five Reasons to Rely on our Firm for your Transactions: 1. Experience – 8,000 closings and counting; 2. Organization – two dedicated and experienced staff members work every real estate transaction file on a daily basis from Monday to Friday; 3. Accessibility- dedicated support staff answer our phones every day, with 95% of […]