Marital trusts are a type of irrevocable trust. It lets one spouse transfer assets to a surviving spouse without any taxes needing to be paid thanks to the unlimited marital deduction. It can provide benefits that are not transferred outright. […]
Marital trusts are a type of irrevocable trust. It lets one spouse transfer assets to a surviving spouse without any taxes needing to be paid thanks to the unlimited marital deduction. It can provide benefits that are not transferred outright. […]
Below, we will be looking at the basics of the steps of probate. To understand the ins and outs of probate further, get in touch with an attorney at Bell & Shah Law. Step 1: Determine if There Is a […]
Are you a landlord who has properties being rented out or that you want to rent out? If you do, then you need to have a rental agreement. You might have a standard agreement you found online or through a […]
When you are starting up a small business, you have a lot on your plate. You want things to be as smooth and simple as possible, but we all know that things don’t always work out this way. Issues often […]
Although nobody likes to think about their mortality, it’s important that they do. They have to think about those who are left behind, and this is particularly true when they are the owner of a business. You Need a Succession […]
You have likely heard the term power of attorney, but you may not know exactly what it means, how it is used, or any of the specifics. Essentially, it is a type of legal authorization that allows a person to […]
Everyone likes to save money. There’s nothing wrong with that in a lot of cases. However, there are some areas where you have to be extremely careful about cutting corners. Estate planning is one of those areas. Let’s look at […]
Those who own property in Illinois should make sure they understand the ins and outs of squatter’s rights and how it might affect the property owner’s vacant property. A squatter is someone who lives on someone else’s property without the […]
Property law can be extremely confusing and often hinges on minor details. When it comes to arguments over property, the cases literally can depend on a matter of inches. There are many times when property lines are contested, and it’s […]
When a loved one passes away, the situation is already difficult enough. Any extra stress can make a difficult position even harder. This is especially true when it comes to the will. When family members contest the will, it can […]
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