Blog
What is a Land Trust?
If you are finding yourself asking “what is a land trust?” you are not alone. Also called an Illinois land trust because of its origin, a land trust is a legal document that assigns anonymous land ownership to a beneficiary. A land trust was created in the Chicagoland area in the 19th century so that real estate investors could circumvent the law regarding land ownership and voting. During that time, there was a law to try to protect private interests from influencing city planning. The...
What Does A Real Estate Lawyer Do?
If you’re buying or selling a home, or working on any sort of real estate deal, hiring a real estate lawyer is the best way to ensure everything goes as planned. Illinois real estate law can be confusing, but a lawyer can guide you through any tricky process. So, what exactly do real estate lawyers do? They handle a myriad of topics and situations, starting with drafting documents. Drafting Documents Lease Agreements - You may be familiar with lease agreements. If you’ve ever...
How To Find The Right Attorney For You
When facing legal troubles, it can be a complicated process to find the right attorney. How do you find someone you trust with your circumstances and your finances? Mark Schottler offers tips for hiring the right probate attorney or estate planning attorney for you. Understand Your Situation Before you can even start looking for an attorney, you need to understand the reason behind needing one. What do you need legal advice on? If you’ve found yourself looking to create a last will and...
When A Trust Is And Is Not Right For You
As much as it hurts to imagine, no one is on this Earth forever. Though the idea that you may no longer be around to care for your loved ones is not pleasant, it is an event that everyone should prepare for by developing an estate plan. Two of the most common estate planning tools are creating a trust or a will. Both a trust and a will are legal documents that dictate who will receive your assets in the event of your passing. While a trust is more intricate and expensive, it can provide many...
3 Mistakes People Make When Selling A Home
When the time comes to sell your home, you have to take many important actions to hand the house over to a new owner. With the help of a great real estate agent and real estate attorney, you should have a pleasant and easy experience during the selling process. However, some people make large mistakes, like the ones listed below, when selling their homes. 1. They Don't Hire Their Own Inspector One mistake people make during the selling process is they do not hire their own inspectors. Buyers...
