Archived
I have contract as subcontractor with Chicago Public School' Food supplier Chartwells Services since 2005 till current school.
Alan's answer
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Answered on September 27, 2012
It is not possible to answer your question without reviewing your contract. There may or may not be a provision that allows for this adjustment.
Archived
Would like to add my name to my mother's investment accounts. Is this advisable?
Alan's answer
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Answered on June 07, 2012
The preferred alternative would be a durable power of attorney for property. There are statutory forms in Illinois, and the brokerage firm would be...
Does a Deed of Trust supercede the original Promissory note and it's due date?
Alan's answer
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Answered on October 20, 2011
The "due on sale" clause of the deed of trust is independent from the date upon which the note is due to as provided in the Promissory Note. A "due...
Archived
What happens to a home in an estate, if you cannot find the estate documents?
Alan's answer
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Answered on October 19, 2011
I am sorry, but I don't believe you have given me enough information. I can tel you that a durable of power of attorney ceases to be effective in...
Archived
Federal Estate Tax Return
Alan's answer
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Answered on September 09, 2011
It is customary for the attorney for the estate or trust to prepare the estate tax return. Even if he has not prepared the return, he will likely...
Archived
Am I obligated to pay the remaining balance of my car I leased if It stopped working and I gave it back?
Alan's answer
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Answered on September 09, 2011
You will have to have an attorney review your lease to give you an educated opinion. It is very likely that the lease will require the lessee to...
Archived
Federal estate Tax return
Alan's answer
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Answered on September 09, 2011
A personal representative is required by law to list all of the decedent's assets. There are substantial penalties for failure to make a complete...
Archived
What is a bank trust?
Alan's answer
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Answered on July 25, 2011
A Bank trust can describe a number of types of trusts. It could be a trust set up by an individual where a bank has been named as the trustee, or...
Archived
My brother is the executor of my fathers estate,he refuses to give us the cash account can i have my right fully reserve in this
Alan's answer
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Answered on July 25, 2011
You have rights as an heir or legatee to require an accounting from an executor. As an executor, your brother also has a fiduciary duty to the...
Archived
Revocable living trust and non-titled property
Alan's answer
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Answered on July 05, 2011
One should make a list of the specific property and identify it as a schedule attached to the trust. Refer to the schedule in the body of the trust...
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