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Preparing in advance for the passing of a loved one allows you to navigate the emotional loss without the added burden of managing estate details. This proactive approach not only alleviates stress but also addresses concerns, especially regarding potential high tax rates on gifts for those with substantial wealth. By preplanning the distribution of your … Continued

Are you an estate representative facing the task of liquidating an estate and wondering about the process of organizing an estate sale? Estate sales typically occur following the passing of a loved one and once the probate process is complete. However, they can also be necessary during life transitions such as divorce or downsizing, when … Continued

A cloudy title is one of those terms you don’t hear much about until it happens to you. When it strikes a buyer or a seller, it can swiftly derail a sale right before it’s ready to go through. This issue can cause significant stress and financial loss, making it crucial to be well-informed. To … Continued

The frequently asked question, “Can a house be sold while it is in probate in Chicago IL?” is “Yes”, but the process requires strict adherence to the state’s specific rules and regulations governing property sales. Throughout the sale process, the probate court oversees every detail, ensuring compliance with legal standards. If you are the executor … Continued

Probate is the formal process of administering a deceased person’s estate. Many of us have heard tales of how lengthy and cumbersome the probate process can be, which often fills us with dread when we’re confronted with it firsthand. However, when managed correctly, the probate process for a house in Chicago can actually be streamlined … Continued