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Recent Articles from our Legal Resources Section

  • advance-directive-illinois

    What is an advance directive in estate planning?

    What is an advance directive in estate planning? Advance directives are an essential part of estate planning. An advance directive is a document that spells out your wishes for the time period in which you are unable to make your own personal, financial, and health decisions. The time period in which you are incapable of…

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  • durable-power-attorney

    What is a durable power of attorney in Illinois?

    What is a durable power of attorney in Illinois? A “Power of Attorney” document grants a person the power to act on behalf of another person. General power of attorney documents are frequently granted for a limited time or purpose. For example, in a real estate transaction, the seller of the property may give his…

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  • small business attorney chicago

    What does “probate” mean in Illinois?

    What does “probate” mean in Illinois? The probate process in Illinois is the process in which a person’s assets are distributed after they die. The probate process in Illinois may also be related to a person who has become permanently disabled and needs a guardian. The probate court will monitor the disabled person’s health and…

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  • fraudulent-transfer-illinois

    When is a transfer presumed to be fraudulent?

    Illinois Fraudulent Transfer Act – When the Law Presumes Fraud The Illinois Fraudulent Transfer Act refers to transfers of money or property in order to avoid paying a creditor or a potential creditor. The Fraudulent Transfer Act is also called the “Voidable Transfer Act” because the transaction may be “voided” or reversed by a court….

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