Closing Day Red Flags for Sellers and How to Avoid Them
Selling a home can be an exciting yet stressful process, and closing day is the final step in sealing the deal. However, not all closings go smoothly. As a seller, being aware of potential red flags can help you avoid unnecessary delays, disputes, or even a failed sale. Here are some critical warning signs to […]
The Unexpected Challenges of Being an Estate Executor
When someone asks you to be the executor of their estate, it might seem like a straightforward responsibility – distribute assets according to their will and handle some paperwork. However, as many executors discover, the role involves far more complexity, time, and emotional labor than expected. Understanding these challenges now can help you better prepare, […]
Estate Planning During Divorce: Lessons from Shannen Doherty’s Legacy
The July 2024 passing of beloved Gen X actress Shannen Doherty offers important lessons about estate planning during divorce. Known for her iconic roles in “Beverly Hills, 90210,” “Heathers” and “Charmed,” Doherty not only faced a courageous and public battle with breast cancer but also raced against time to finalize her divorce and protect her […]
Trusts & Homeowner’s Insurance: What You Need to Know So You Don’t Get a Claim Denied in the Future
When you create an estate plan that includes a living trust, you’ve taken an essential step toward protecting your home and family from the cost of court. However, many people don’t realize that placing their home in a trust requires updating their homeowner’s insurance policy. Without this crucial step, you could face a devastating scenario: […]
Five Essential Steps to Protect Your Loved Ones in 2025
You know that uneasy feeling when you think about what everyone you love would do, if (and when) something happens to you? That nagging voice reminding you that you still haven’t created a will or trust or updated the estate plan you do have? As we enter 2025, it’s time to stop pushing those thoughts […]
Beyond the Turkey: How Thanksgiving Can Inspire Your Family Legacy Planning
As Thanksgiving approaches, many families are busy planning menus, coordinating travel, and preparing for the big feast. While the turkey, stuffing, and pumpkin pie are important (and delicious) traditions, this cherished holiday offers something even more valuable—a perfect opportunity to think about, discuss, and preserve your family’s legacy. In this article, you’ll discover practical ways […]
Have Adult Children? Make Sure They Sign These Critical Documents
For many parents, watching their children become adults (at least in the eyes of the law) and leaving home to pursue their education and career goals is a time of joy and also (possibly) apprehension. Turning 18, graduating high school, and moving out is a huge accomplishment. And it also comes with some serious responsibilities […]
Looking to Purchase a New Home? How to Avoid Paying 2 Mortgages at Once
When navigating Chicagoland’s competitive residential real estate market, it’s important to understand the intricacies of various contract provisions, especially the existing home sale contingency. This contingency can play a pivotal role for buyers who need to sell their current home before purchasing a new one. Two primary template contracts used in the area—the Multi-Board Residential […]
What do Lasagna and Estate Planning have in Common?
Have you ever heard horror stories about families fighting over Grandma’s jewelry or getting stuck in a never-ending legal battle after someone passes away? Or about how long it can take to sell a house tied up in the court process? What about family members being denied their inheritance completely? Unfortunately, these situations happen every […]
The Key Differences Between Wills and Trusts You Should Know
When discussing estate planning, a will is what most people think of first. Indeed, wills have been the most popular method for passing on assets to heirs for hundreds of years. But wills aren’t your only option. And if you rely on a will alone to pass on what matters, you’re guaranteeing your family has […]
