Latest from Lauren Jackson Law Blog

A deed for real estate is a legal document that transfers ownership of real estate from one owner to another.  When buying and selling real estate, in the state of Illinois, there are several different types of deeds that are used.  If you are selling or buying real estate it is imperative that the correct deed is used in your particular situation because the last thing you want is a costly legal battle over a…
For most people, the most expensive transaction you will ever make is the sale of your home.  However, before you are able to sell your home, there is a process that must be followed.  If using one, you will be working heavily with your real estate agent.  However, my job as the attorney is to act as an extra pair of eyes to protect you and your assets during this complicated process.  I have witnessed…
If you have been named the executor of an estate, you probably have a lot of questions regarding what you will have to eventually do.  By law, there are many tasks the executor must complete and they are all equally important.  The information that follows can help get you started, but you should always get a probate attorney involved to help guide you through the process.  One first thing you must do is wrap up…
If you are thinking of buying a home it is not required, but highly recommended, that you get a home inspection by a qualified home inspector.  What is a home inspection and how should you use the report? A home inspection is exactly what it sounds like, a thorough inspection of the property by a private licensed inspector.  Once you sign the real estate contract and the seller has accepted the contract by signing it,…
If you are parents or grandparents to children who have special needs, you may have a lot of questions regarding what can and should be done to prepare for their continued care after your passing.  The biggest question I answer for people is what needs to be done and how we can do it with respect to your estate plan to make sure the child will be taken care of without preventing them from qualifying…
The power of attorney for property in Illinois is a versatile and powerful document.  There are two main functions it serves for our clients at Lauren Jackson Law.  Not only is it used in all of our Estate Planning packages, but we also use it for our real estate clients who are selling property.  If I am drafting your estate plan, a power of attorney for property is strongly recommended and will be included.  This…
If you are trying to find out if a probate case has been opened for a deceased individual, there are a few steps you can take to find out that information.  If a probate estate has been opened, it will be with the county court for the county where the deceased party was residing when he or she died.  Here is a link for helpful websites if you are doing the research on your own.…
Occasionally, I have a case brought to my practice where a homeowner has died and had no known family members to whom the house should transfer.  In this case, there are a few different options for how to handle the future ownership of the house. If the homeowner created a trust before the death, and the house was properly transferred into the trust, then the successor trustee is responsible for making sure the mortgage payments…
Yes, if you are named in a trust as a beneficiary then you are entitled to a copy of the trust and an accounting annually of the entire estate. A lot of people keep their estate plan private for a multitude of reasons.  However, when someone dies and you have been named as a beneficiary you may want to know your rights.  Whether, the trustee of the trust likes it or not they have to…
Many cities and villages in Chicagoland and throughout Illinois require you to obtain a real estate transfer stamp before you can complete the sale of your property. If one is required, title companies will not complete the transaction unless a transfer stamp is provided the day of the sale. What is a real estate transfer stamp and how do you get one? A city or village that has a transfer stamp will have some, or…