by Lauren Jackson | Mar 20, 2020 | Estate Planning, Joint Trust, Revocable living trust
Revocable living trusts are the most popular estate planning tool for married couples in my law practice. They can be extremely useful for incapacity planning, probate avoidance, asset protection, and privacy. Depending on the married couple’s goals and...
by Lauren Jackson | Mar 15, 2020 | Estate Planning, Gun Trust
If you are a legal gun owner, there are certain steps you must take in order to legally transfer your gun ownership to the person of your choosing. One common way to accomplish this is by setting up a gun trust. A properly organized Gun Trust is an entity...
by Lauren Jackson | Feb 23, 2020 | Estate Planning
Marriage is among the life-changing events that should cause one to review, or establish, one’s estate plan. Unfortunately, newlyweds do not make their way into my office very often. I understand how happy of time it is, but this is also a major life change where...
by Lauren Jackson | Dec 27, 2019 | Estate Planning, Irrevocable trust, Revocable living trust
When completing your estate plan, transferring the ownership of your real estate to a trust gives you a lot of benefits when it comes to ease of transfer for your family. However, there are a few disadvantages you should consider. Illinois has the second-highest...
by Lauren Jackson | Oct 13, 2019 | Contract for deed, Quit claim deed, Real Estate, warranty deed
A deed for real estate is a legal document that transfers ownership of real estate from one owner to another. When buying and selling real estate, in the state of Illinois, there are several different types of deeds that are used. If you are selling or buying real...
by Lauren Jackson | Sep 2, 2019 | Real Estate, real estate closing, selling a home
For most people, the most expensive transaction you will ever make is the sale of your home. However, before you are able to sell your home, there is a process that must be followed. If using one, you will be working heavily with your real estate...
by Lauren Jackson | Aug 3, 2019 | Estate Planning, executor, Probate
If you have been named the executor of an estate, you probably have a lot of questions regarding what you will have to eventually do. By law, there are many tasks the executor must complete and they are all equally important. The information that follows can help...
by Lauren Jackson | Jul 20, 2019 | buying a home, Real Estate, Real Estate Inspection
If you are thinking of buying a home it is not required, but highly recommended, that you get a home inspection by a qualified home inspector. What is a home inspection and how should you use the report? A home inspection is exactly what it sounds like, a thorough...
by Lauren Jackson | Jul 4, 2019 | Beneficiary, Estate Planning, Supplemental Needs Trust
If you are parents or grandparents to children who have special needs, you may have a lot of questions regarding what can and should be done to prepare for their continued care after your passing. The biggest question I answer for people is what needs to be done...
by Lauren Jackson | Jun 10, 2019 | Estate Planning, Power of Attorney, Real Estate
The power of attorney for property in Illinois is a versatile and powerful document. There are two main functions it serves for our clients at Lauren Jackson Law. Not only is it used in all of our Estate Planning packages, but we also use it for our real estate...
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