If you are trying to buy or sell a house that has a mechanic lien on the property, it must be taken care of (released by the lien holder) before any change of ownership can take place. In real estate terms, a mechanic lien, or a construction lien, is a security...
A common occurrence while doing estate planning is when grantors want to leave specific property (money) but are worried that the beneficiary won’t use the property or spend the money wisely. One option available to the grantor is to have a spendthrift trust drafted....
Two common questions I get from my real estate clients who are selling property are: how and when do I get my money? In Illinois we make sure all parties to the transaction (buyer & seller) are safely covered with title insurance. Title insurance protects the...
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