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When it comes to filing bankruptcy, a lot of questions come up. There are many things you should know about bankruptcy before determining if it is the right course of action for you. For instance, what types of bankruptcy are there? What are the requirements? What is chapter 13 bankruptcy? An experienced chapter 13 bankruptcy attorney can help answer this question. What Is Bankruptcy? What happens when debts pile up and a business or individual can no longer pay them? There are plenty of...

When making an estate plan, there are a lot of difficult decisions to make. Having an experienced attorney by your side can make all the difference. They can help you set up trusts, construct a will, and even name an executor of your estate. An executor of estate is a legally appointed person or institution that is responsible for managing and distributing assets after your death. As you can probably guess, this is an incredibly important decision to make when putting your affairs in order....

Losing a loved one is a really hard thing to go through. There are so many things to get in order and many complex steps one must take before the probate process can begin. But what happens when someone passes and leaves a home or property behind?  In Illinois, property is subject to probate if it is solely owned or if all assets total $100,000 or more. Any property that fits these guidelines must go through the probate process. When real estate is in probate, how the property will be...

Taking the time to create an estate plan is important for anybody, no matter what their age. Many people overlook estate planning or simply don’t make time for it. The truth is that creating an estate plan can benefit your loved ones and save them added stress in the unfortunate event of your death. If you’ve decided to take this necessary step in planning your affairs, get started with the help of our estate planning checklist.  What Do I Need For Estate Planning? To get started with estate...

The legal system in America is very complex and often leaves people with a lot of questions. There are a few things you need to know in order to understand why laws differ from state to state, and how the laws work in the state you live in. How does Illinois law differ from the rest of the country? Mark Schottler, a Chicago IL based attorney, explains.  Why Are Laws Different in Each State? While states have collective laws that they all abide by (these are known as federal laws), each...