What's New
The clause everyone
hates: Mortgage contingency
The long road of a Cook
Co. eviction
New rules for First
Time Buyer Tax Credit and Move Up Buyer Tax Credit
The quirks of buying a
Fannie Mae foreclosure
Convenience bank
accounts may cause probates
69% of parents with children
under age 18 have no will
Have your will prepared today.
Click here to
get started.
No office visits required.
Packages Include: Will, and power of attorneys for health care and
property and Illinois living will.
Client extranet
For the last three we have offered clients a free extranet site for
any active file. Generally, we use this for real estate, trust
administration or probate matters. It has proven very popular and
clients love it. Everyone gets notice by e-mail anytime a
message is posted to the site or a file is uploaded. The software was
recently updated so that one does not need to log into the extranet to
post a reply; it can be done from your email program. The
extranet helps client stay up to date on their cases.
This
short video shows how the extranet works.
There is no extra charge for establishing a site.
IRA Protection Trust
New type of trust allows "stretch out" of IRA for
heirs, protects IRA from divorce, creditors and mismanagement
 The IRS
recently allowed the IRA Protection Trust. Previously, it was
difficult, if not impossible, to leave an IRA account to a trust and
to allow heirs to stretch out payments from the IRA over their life
expectancies. Now, it is possible to do so using the IRA
Protection Trust.
To read more about the pros and cons of
an IRA Protection trust click
here.
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