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Category Archive for "Law Updates"

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1Documents needed for College Bound Kids

Documents needed for College Bound Kids

May 6, 2018

MUST HAVE DOCUMENTS TO PROTECT YOUR CHILDREN OVER 18  Your baby has turned 18… Happy Birthday!  Now she can vote, buy a car or a house. In most states, she can get married without your consent. She can also gamble her college savings away and go to jail without you knowing it. All this because […]

2Real Estate Law: Unpacking the “Attorney Review”

Real Estate Law: Unpacking the “Attorney Review”

Jul 18, 2016

The burning question: What is an “attorney review” in a real estate contract? In Illinois, most standard form residential real estate contracts contain an “attorney review” clause. Typically, a buyer makes a written offer by submitting the contract with proposed terms to the seller. If the seller accepts, the contract then goes to each party’s respective […]

3What is Commercial Litigation?

What is Commercial Litigation?

Jul 5, 2016

Commercial litigation is an often-complex area of the law that involves going to court to resolve disputes between business professionals or entities. Disputes can arise in the context of contracts between businesses, bankruptcy of a business, a disagreement about the extent of insurance coverage, or many other situations. Commercial disputes can develop between businesses for […]

4Someone Didn’t Pay Me Back…What Can I Do?

Someone Didn’t Pay Me Back…What Can I Do?

Apr 24, 2016

Someone owes you money, what can you do? The answer is… It depends. Do you have a contract and how clear are the terms of that agreement? If you don’t have a formal written contract, it may be more challenging but not impossible to prove you had an agreement and that your opposing party owes […]

53 Pro-Tips You Need to Know When Breaking Contracts

3 Pro-Tips You Need to Know When Breaking Contracts

Mar 18, 2016

1. Contracts are breached all the time. If you need to breach a contract, there are certain steps you may need to take to break it the “right” way to minimize possible consequences. 2. You may have a contract and not even realize it. Even if you agree to something orally and not in writing, […]

6

What is Title Insurance?

Jan 25, 2016

Hi all! I am here to help you better understand Title Insurance, its uses, and why it is a necessary part of any real estate transaction. Title Insurance guarantees that the purchaser of the property is getting clean title to property. What is “clean title” you ask? It means that you have 100% ownership of […]

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