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Estate, Guardianship and Business Law Resources

RECENT LEGAL ARTICLE

  • no contest provision enforceable

    Is a “no contest” provision in a will enforceable?

    Is a “no contest” provision in a will enforceable in Illinois? A no contest, or in terrorem clause, is a provision in a will or trust which is designed to threaten anyone from challenging the validity of the document. These types of provisions generally provide that in the event that someone challenges the validity will…

  • bring alcohol into Illinois

    Can I bring alcohol into Illinois?

    Can I bring alcohol into Illinois? You cannot bring more than minimal amounts of alcohol into the State of Illinois. Illinois has placed many restrictions on the importation of alcohol. These restrictions do not only apply to businesses, but also apply to individual Illinois residents. The Federal law gives Illinois full authority to regulate the…

  • liquor license revoked for unauthorized importation

    Can my liquor license be revoked for unauthorized importation of liquor into Illinois?

    Can my liquor license be revoked for unauthorized importation of liquor into Illinois? The State of Illinois imposes strict restrictions on the importation of alcohol. Illinois is authorized to impose these restrictions by the U.S. Constitution. The 21st amendment to the U.S. Constitution states as follows: “The transportation or importation into any State, Territory, or…

  • accounting-trust-beneficiaries

    Is a Trustee Required to Give an Accounting to the Trust Beneficiaries

    Is a trustee required to give an accounting to the trust beneficiaries? When someone dies and leaves their assets in a trust, it is the responsibility of the successor trustee to follow the terms of the trust. The law imposes many restrictions and requirements upon the trustee. The result is that the trustee owes a…

  • chicago liquor license

    Can I get approval for Chicago liquor license before I build my restaurant?

    Can I get approval for Chicago liquor license before I build my restaurant? The construction of a new restaurant, or substantial renovation of an existing location, is a major financial undertaking for any business owner. If the sale of alcohol is a part of your business, it is understandable that you want to know that…

  • chicago remove executor from estate

    How do I remove an Executor?

    How do I remove an Executor? When a person dies with a will the will is the document which controls how their property is distributed after their death. The will also names the person who will administer the affairs of the deceased person’s Estate. That person is called the “Executor.” The Executor of a decedent’s…

  • chicago elder law

    What is financial exploitation of the elderly?

    What is financial exploitation of the elderly? We have seen an increase in probate cases involving aging adults who are taken advantage of by people they know, trust, and love. Family members often discover, too late, that their parents or grandparents have been preyed upon by a caregiver or new “friend.” Senior citizens are often…

  • trusts

    Power of Attorney – How to Sign the Document?

    Power of Attorney – How to Sign the Document? A well-crafted Estate Plan includes power of attorney documents that name an agent that can make decisions for you when you are no longer able to. For example, in a “Power of Attorney for Property”, you name an agent who can make decisions regarding your finances….

  • chicago attorney estate planning

    Power of Attorney: What Happens if You Do Not have One?

    Power of Attorney: What Happens if You Do Not have One? Power of attorney documents allow you to name an agent that can make decisions for you in the event that you are no longer able to do so. For example, in a “Power of Attorney for Property”, you name an agent who can make…

  • What are “presumptively void transfers” in Illinois?

    What are “presumptively void transfers” in Illinois? The Illinois statute entitled “Presumptively Void Transfers” protects all individuals from coercion by their caregivers. Under the statute, certain transfers to caregivers are deemed void unless the caregiver can prove by clear and convincing evidence that the transfer was not the product of coercion and undue influence by…