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Planning For Incapacity

When most individuals think of “estate planning,” their mind immediately turns to documents addressing the death of a person. This belief, however, captures only part of estate planning’s purpose. One of the most significant aspects of estate planning is planning for the incapacitation of an individual. Everyone should have a legal document detailing their wishes …

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How to Purchase Investment Property That Has Legal Issues

So, you have decided to make the biggest financial decision of your whole life by buying an investment property. However, you have concerns about the legal issues that others have had in recent years. Maybe the property is underwater, or the rental income doesn?t cover all of the expenses associated with the property, or maybe …

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Can My Spouse Lease Out Our Rental Property Without My Consent During a Divorce?

The answer to this question, simply put, is no. When it comes to owning property, a married couple has to abide by the same rules that two business partners would, which means you both have to get the other person?s permission to take any action involving your property. Basic Facts Under Illinois law, all property …

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