ESTATE PLANNING BLOG

Bradford Miller Law, P.C. focuses on real estate law, landlord tenant law and estate planning. This is the estate planning blog. If you are interested in reading about landlord tenant law, visit that blog at http://chicagoltlaw.blogspot.com/. If you are interested in real estate law, visit http://chicagorealestatelawyers.blogspot.com/. The law firm's main website is www.bradfordmillerlaw.com.



This blog will focus on estate planning. If you are in need of an estate plan, call Attorney Bradford Miller at 312-238-9298 for a free consultation. Located at 10 S. LaSalle, Suite 2920, Chicago, IL 60603.

Tuesday, January 16, 2018

What happens if you die without a Will?

If someone does not have a Will at the time of their death then they are said to die intestate. If there is no Will then intestate succession laws will govern how your estate is distributed. Your Last Will and Testament is an extremely important document and having your Will drafted professionally is essential. The issues at hand are simply too important to rely on do-it-yourself legal kits or a lawyer primarily focused on unrelated practice areas.

Posted by Bradford Miller Law, P.C.
10 S. LaSalle Street, Suite 2920
Chicago, Il 60603
312-238-9298

http://www.bradfordmillerlaw.com

Key words: Chicago estate planning attorney, Chicago short sale attorney, Chicago residential real estate attorney, Chicago landlord tenant law attorney, Chicago eviction attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago real estate attorney fees. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Thursday, January 11, 2018

It's a New Year and a perfect time to update estate documents

It's a good idea to review your legal documents annually to make sure they are correct and up to date. It's important that you are still comfortable with the designations that you have made to your will, trust and powers of  attorney on a regular basis.

Think about the changes in your life since you last updated your documents and decide what needs to be revised. To help you get started, here's a few changes that may have taken place in your life. Have you had a child or adopted a child? Have you gotten married or divorced? Moved to a different state? Had a major financial event? Do you want a particular person to receive a specific item of property? Do you want to leave a family pet to a specific person with a fund to pay for the pet's care?

Bradford Miller Law has been helping clients with their estate planning for several years. If you need new documents drawn up or need to make changes to your existing legal documents we can help. Call us for your estate planning needs.

Posted by Bradford Miller Law, P.C.
10 S. LaSalle Street, Suite 2920
Chicago, Il 60603
312-238-9298

http://www.bradfordmillerlaw.com

Key words: Chicago estate planning attorney, Chicago short sale attorney, Chicago residential real estate attorney, Chicago landlord tenant law attorney, Chicago eviction attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago real estate attorney fees. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Tuesday, January 2, 2018

Should you do a short sale?

A short sale will allow someone to sell their house for less than what is owed if they qualify.  To qualify, a person needs a hardship.  For most people their hardship is a loss of income or increased expenses.

If you need to sell your home but owe more than it is worth, give my office a call to go over your options.  The call is free and if you end up doing a short sale our legal representation is free.


Posted by Bradford Miller Law, P.C.
A Law Firm Dedicated To Real Estate Law, Landlord Tenant Law, and Estate Planning
10 S. LaSalle, Suite 2920
Chicago, IL 60603
312-238-9298

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, short sale attorney Chicago. This is intended to be advertising.  Please consult with an attorney before acting on any information given here.

Tuesday, December 19, 2017

Why do people want to avoid probate?

The major reasons include the costs, time and lack of privacy that comes along with probate. There are many expenses involved in Probate administration, including attorney's fees, court fees, executor's fees, accounting fees, etc. In Illinois, a probate estate has to be open for at least six months but may be open for one year or more. The probate estate court files are also matters of public record so there is a definite lack of privacy.

Most people avoid probate by drafting a living trust. If you are interested in an estate plan to avoid probate, call Attorney Bradford Miller for a free consultation.

Published by: Bradford Miller Law, P.C.
10 S. LaSalle, Suite 2920
Chicago, IL 60603
312-238-9298

Key words: Chicago short sale attorney, Chicago residential real estate attorney, Chicago landlord tenant law attorney, Chicago Landlord Attorney, Chicago eviction attorney, Estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago real estate attorney fees, Chicago estate planning attorney. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Friday, December 1, 2017

What is a Power of Attorney?

No one likes to think about the possibility that he or she may become incapacitated. However, it is wise to plan for that possibility. A Power of Attorney is one way to arrange for someone to manage another person's finances if they can no longer do it themselves. Once a person becomes incapacitated, it's probably too late to execute a Power of Attorney. That's why it's so important to plan ahead. 

There are different types of Power of Attorney.  For example, there is a Power of Attorney for Property which allows someone to sell, buy, or make other decisions related to property on your behalf if you are not capable of doing so.  There is also a Power of Attorney for Health Care.  With this Power of Attorney, you can allow someone to make a decision about your health care if you are not capable of doing so.  Both of these are extremely important and if you do not have some in place, you should consider getting some drafted.  A simple estate plan can cost only a few hundred dollars but can make a world of difference.

We highly recommend that everyone have a power of attorney. Our office can help you prepare all your legal estate planning documents. We will offer advice, and keep your estate plan current with the laws governing estate planning. And, you have the satisfaction of knowing that your affairs are in order, per your wishes.


Posted by:
Bradford Miller Law, P.C.
10 S. LaSalle Street, Suite 2920
Chicago, IL 60603

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Estate Planning Lawyer, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, Chicago eviction attorney, Chicago Leases, Chicago real estate attorney fees. This is intended to be advertising. Please consult with an attorney before acting on any information given here.