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...
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...
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...
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....
Like all trusts, a land trust is an agreement by which the managing beneficiary directs the trustee in how to handle the benefits of that trust (in this case, real estate). While the managing beneficiary remains the liable party in land trusts, the deed which conveys...
