Asset protection

There are many ways to protect your assets:

-Transfer your assets to your spouse.  However, there are MANY factors to consider with this option including the health of the marriage and estate taxes.

-Statutory exemptions from enforcement of judgments. In Illinois, creditors cannot get your residence if the equity is below $7500 for a single person or $15,000 for married persons.

-Limited liability companies. If you own a business, you should strongly consider forming an LLC.  This will provide protection for you in a variety of ways.

-Tenancy by the entirety (a form of holding property). Must be married and it must be your personal residence.  The creditors of only one of the spouses cannot get the property.

-Living Trusts. You can set this up so that your creditors cannot get the trust assets.

If you are interested in any of the above, contact my office.  This is not intended to be legal advice - ALWAYS consult an Attorney before acting on any information on this blog.

Bradford Miller Law, P.C. is a law firm based in Chicago, IL.  Bradford Miller Law, P.C. regularly handles matters in the areas of Real Estate, Landlord/Tenant law, and Estate Planning.  For a free consultation, call the office at 312-238-9298.

What is a Will?

Posted by Bradford Miller Law, P.C., a law firm practicing in the areas of real estate, landlord tenant law, and estate planning.  Contact Attorney Bradford Miller for a free consultation at 312-238-9298.

A Will is an instrument executed with certain formalities, that usually directs the disposition of a person's property at death. It is revocable during the lifetime of the testator (meaning it can be changed or voided) and is only operative at death.

Bradford Miller Law, P.C. focuses its practice on real estate law, landlord tenant law and estate planning. For a free consultation, call the office at 312-238-9298. You may also visit the main website at http://www.bradfordmillerlaw.com/.

Please note this is intended to give general information to the public. Although the information is generally accurate, it cannot be guaranteed and this information should not be construed as legal advice upon which a reader can rely. In all cases, please consult a lawyer before acting. This is intended to be advertising, and not solicitation, or legal advice.

Funeral wishes

Did you know that you can make your wishes known in your estate plan?  This can prevent many problems and will help loved ones in an already difficult time.  If you do not have an estate plan, call Bradford Miller for a free consultation.

Bradford Miller Law PC
321 N. Clark, Suite 500
Chicago, IL 60654
312-238-9298

What does a Will do?

In the estate planning world, a Will is a fairly simple document.  It basically directs how a testator's property is to be divided up at the time of the testator's death.  It can also place restrictions on property.  If you do not have a Will,  the law of intestate succession comes into play and this will often differ from your own wishes.

To avoid additional stress on your loved ones, everyone should have a Will drafted.  It is not expensive and will bring peace of mind not only to you, but to your loved ones.  Contact my office to learn more.

Bradford Miller Law PC
321 N. Clark, #500
Chicago, IL 60654
Main: 312-238-9298

This is not intended to be legal advice and may be construed as advertising material.

Updating your estate plan

Unfortunately, many people have outdated estate plans.


You should create or revise an existing estate plan when:

- Having a new child or grandchild

- Getting married or divorced

- Experiencing a substantial change in net worth

- Changing jobs or retiring

- Moving to another state

- Tax law changes

- Selling your business or losing a business partner

Bradford Miller Law, P.C. focuses its practice on real estate law, landlord tenant law and estate planning. For a free consultation, call the office at 312-238-9298. You may also visit the main website at http://www.bradfordmillerlaw.com/.

Please note this is intended to give general information to the public. Although the information is generally accurate, it cannot be guaranteed and this information should not be construed as legal advice upon which a reader can rely. In all cases, please consult a lawyer before acting. This is intended to be advertising, and not solicitation, or legal advice.