Will bankruptcy take the money from a life insurance policy from a beneficiary?

The insurance policy will state how long the beneficiary has to claim the proceeds. An insurance policy is a contract between the insurance...

I was willed condo that I don't want and has a large mortgage on it. If I sell it would cost me approx 40,000 Can I just walk?

Yes, you can disclaim it. You are not required to accept an inheritance if you do not want it. It will remain owned by the estate of the deceased...

In Need of a ProBono Lawyer in Cool Count IL for an Estate Case

Unfortunately, this Q&A forum is not designed to help you locate an attorney. However, there is a "Find an Attorney" button on the Avvo site where...

I agree with Attorney Goldstein that what the bank is probably asking you for is a Small Estate Affidavit. These are used when the deceased...

How do you resolve conflict between selection of siblings as trust fiduciaries. Especially when the grantor is torn between

Appoint a corporate fiduciary and allow each child to be the co-trustee of their individual trusts.

Trying to file a motion to dismiss for a car accident and previously a release from plantiff was signed. any advise.

You can find the Illinois Rules of Civil Procedure online or at any law library. The motion should be supported by a legal brief containing the...

My father passed, and I am the executor of his living trust. His estate left a house that I maintain and rent out. Fees charge?

A Trustee may be reimbursed for out of pocket expenses incurred in administration of an estate, as well as compensated for his or her services. To...

If someone passes away in IL, but their will was prepared and notarized in IN, is it still valid for reference after the death?

If the will was valid under Indiana law when it was executed, it will be honored in IL.

Do need to hire a lawyer?

I am sorry for your loss. Yes, it is very likely that you will need an attorney to assist you with transferring the inherited real estate to your...

How do I transfer r/e property from my parents (now deceased) RL Trust to my RL Trust? Is there transfer tax?

If the trust in which the property is held (your deceased parents' trust) allows distribution of the property to you outright, you should consult...