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What on your real estate inspection report can you ask a seller to fix?

What on your real estate inspection report can you ask a seller to fix?

by laurenjacksonlaw | Apr 17, 2018 | buying a home, Real Estate, real estate closing, Real Estate Inspection

If you are in the process of buying a home or piece of property, one thing I advise my clients to do as soon as the ink on the contract is dry is to set up an inspection of the property performed by a certified home inspector. A lot of individuals think they can have...
What can be done if the buyer of a house keeps delaying the closing?

What can be done if the buyer of a house keeps delaying the closing?

by laurenjacksonlaw | Apr 3, 2018 | buying a home, mortgage, Real Estate, real estate closing, selling a home

As a real estate attorney, I have seen every reason or excuse as to why a buyer can’t close on time and requests an extension of the closing date. The most common reason being that the buyer’s lender is not ready with the loan approval, due to a plethora of reasons,...
What are your rights as a beneficiary in a will if you believe the executor is not fulfilling his duties correctly?

What are your rights as a beneficiary in a will if you believe the executor is not fulfilling his duties correctly?

by laurenjacksonlaw | Mar 19, 2018 | Beneficiary, Estate Planning, executor, Probate

If you know that you are listed as a beneficiary in a will or trust estate plan, what rights do you have when the executor is not being forthcoming? If you are a beneficiary of a will only (not a trust), there should be a probate court case that is open in the county...
What happens to my Moms bank account since she did not have beneficiaries listed?

What happens to my Moms bank account since she did not have beneficiaries listed?

by laurenjacksonlaw | Feb 20, 2018 | Estate Planning, executor, Probate, Small estate

If your mom had a trust and the bank account was properly transferred to be owned by the trust, then the trust should be able to distribute it. The bank should not give you any problems. If the bank account was not owned by the trust, but the amount in the account...
The Legacy Challenge… Can you pass it?

The Legacy Challenge… Can you pass it?

by laurenjacksonlaw | Feb 7, 2018 | Attorney, Estate Planning, Lawyer, Probate

When you die will your family have an easy time dealing with all of your financial affairs? We understand that talking about your death or even planning for your death is hard to discuss. Below are a few helpful guidelines to remind you what you should review and...
Are you responsible for your parents’ debt?

Are you responsible for your parents’ debt?

by laurenjacksonlaw | Jan 23, 2018 | Estate Planning, Probate, Revocable living trust, Trustee

A question I often get asked when discussing the consequences of the death of a parent is: Am I responsible for my parents’ debt when they die? The quick answer to that question is…..no. Whether your parents have an estate plan or not, if they die with debt in THEIR...
Trouble selling your home?  Make sure your realtor is working for you!

Trouble selling your home? Make sure your realtor is working for you!

by laurenjacksonlaw | Nov 21, 2017 | Attorney, buying a home, Contracts, Lawyer, Real Estate, real estate appraisal, real estate closing, selling a home

If your home has been on the market for some time (and you are using a realtor) you better make sure your realtor is working for you. Do you know the common ways that realtors and property owners use to market their property listings? Below is a short list that you...
What to ask your Estate Planning Attorney before hiring them

What to ask your Estate Planning Attorney before hiring them

by laurenjacksonlaw | Oct 9, 2017 | Attorney, Estate Planning, Lawyer

One question that should take top priority when interviewing a potential estate-planning attorney is: What is the amount of experience they have accumulated in the field? The reason this should take such precedence is not only because you want it done right from the...
Podcast Interview with Steve Sleeper – Ask the Expert

Podcast Interview with Steve Sleeper – Ask the Expert

by laurenjacksonlaw | Oct 4, 2017 | Estate Planning, Podcast, Real Estate

I am pleased to announce that I was recently featured on an informational podcast to generally discuss common estate planning and real estate issues.  I hope you enjoy listening to it as much as I enjoyed giving it! Ask the Expert Podcast http://...
How does tax proration work at a real estate closing?

How does tax proration work at a real estate closing?

by laurenjacksonlaw | Sep 7, 2017 | buying a home, Real Estate, real estate closing, selling a home, Taxes

If you are buying or selling real estate in the state of Illinois, one of the biggest line item dollar amounts will be the real estate tax proration (credit) given by the seller of the property to the buyer. In Illinois, all real estate taxes are paid one year in...
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Recent Posts

  • What on your real estate inspection report can you ask a seller to fix?
  • What can be done if the buyer of a house keeps delaying the closing?
  • What are your rights as a beneficiary in a will if you believe the executor is not fulfilling his duties correctly?
  • What happens to my Moms bank account since she did not have beneficiaries listed?
  • The Legacy Challenge… Can you pass it?

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  • In real estate, what is a owner financed sale a/k/a “a contract for deed”? | The Law Offices of Lauren E. Jackson on Real Estate Legal Services
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