Hiring a real estate attorney is an important part when purchasing or selling real estate. Asking the right questions can make sure the attorney is a good fit for your transaction. Hiring the right attorney could make or break the
Lauren Jackson Law Blog
The Lauren Jackson Law Blog, published by The Law Offices of Lauren E. Jackson, focuses on legal issues related to real estate and estate planning. It covers topics such as residential and commercial real estate transactions, estate planning strategies including wills and trusts, probate processes, and business succession planning. The blog also addresses practical concerns like digital estate planning, asset protection through LLCs, and contract review in real estate deals. It aims to provide clear guidance on managing property-related legal matters, estate administration, and protecting assets for individuals and families in Illinois.
Latest from Lauren Jackson Law Blog - Page 5
When should a probate case be opened in Illinois?
Being named executor of an estate for a family member or friend, is a responsibility that should be taken seriously. You will be considered the personal representative for the estate, meaning it is your responsibility to manage the estate and…
Should you put your real estate investment properties in a LLC (Limited Liability Company)?
If you own one or more real estate rental properties, a question to ask should be: What is the best way to legally protect yourself and your properties? The top strategy that comes up is to create one (or multiple)…
Everything you should know about a home inspection report.
When buying residential or commercial real estate, it is highly recommended to get a certified inspection on the property. A residential home inspection report is a document prepared by a professional home inspector after assessing the condition of a…
Why you should never let a real estate buyer move in during the short sale process.
When having to deal with a short sale real estate transaction, you should never allow a buyer to move in before the process has been finalized. Allowing a buyer to move can be a risky decision for several reasons…
How do I remove a person from the title of the house?
To remove a person from the title of a house while keeping the ownership of the property intact, you will have to go through a legal process and almost certainly hire a real estate lawyer. Whether the person you want…
When selling real estate, does the seller have to attend the closing?
If you are selling real estate (residential or commercial), you have a lot going on. Not only do you have to deal with your regular life stressors but add in packing, moving, dealing with inspection issues, etc. it can become…
Do I need a revocable living trust in my estate plan?
Let’s be honest, estate planning can be complicated. So many major decisions must be made and so many documents should be completed. The thing about estate planning is that each individual or family’s estate plan can be designed to fit…
Can you change the trustee of a trust?
If you have a revocable living trust in place for yourself, you can generally amend your trust at any time, including the trustee. However, amendments must be properly executed based on state law and in accordance with the terms of…
What is a transfer on death deed in Illinois?
In 2012 the Illinois Residential Real Property Transfer on Death Instrument Act became Illinois law. This act authorized the use of a new deed called the Transfer on Death Instrument (“TODI”). This new tool allows the transfer of residential real…