What is an Executor … And Why Do I Need One?

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What's an executor...and why do I need one?

An Executor is an individual selected by you in your Will to administer and settle your estate. The role of the Executor is a crucial one in the probate process, and, therefore, it is vastly important that you established one in your Will. When selecting your Executor, be sure it’s someone you trust – perhaps… Read more »

What Should I Know About Earnest Money?

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What do I need to know about Earnest money?

  If it looks like your client is headed toward litigation over earnest money from a failed deal, understanding the principles of earnest money litigation is key to obtaining the best outcome. When it comes to earnest money, there are two major common misconceptions. Some people think that, if one party defaults, the other party… Read more »

How will the New Eviction Ordinances Affect You?

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While at a standstill, evictions in Chicago have become overwhelmingly complicated. And with these new ordinances and, presumably, more changes ahead, it is essential to stay focused and informed. For more than 25 years, Erwin Law has been helping landlords stay up to date, avoid costly mistakes, delays and penalties, and protect their investments. For thoughtful guidance and counsel during these tumultuous times, call us at 773-525-0153.

What’s the difference between Wills and Trusts?

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  Planning how best to disburse your assets and responsibilities upon your passing can be complicated. With myriad government rules, regulations and nuances, it’s helpful to understand the basics before you begin. Upon death, all your rights and obligations instantly transfer to a legal entity referred to as an ‘Estate.’ Estate Planning, then, involves deciding… Read more »

Is Mortgage Forbearance A Good Option For Me?

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  Post-Shelter-In-Place: A Primer For Landlords – Part 4 in a Four-Part Series The ill-effects of the Coronavirus pandemic and subsequent Shelter-in-Place orders are becoming more and more apparent as they continue to trickle further down through our economy. Tenants unable to pay their rent are creating financial hardships for landlords working to pay their… Read more »

Safety AND privacy – How do you find the proper balance?

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  Post-Shelter-In-Place: A Primer For Landlords – Part One in a Four-Part Series We don’t know exactly when the Illinois Shelter-In-Place order will be lifted, but we can, and should, start preparing for it. And while the laws and situations are still changing, here are the most current answers to the most frequently asked questions:… Read more »

How can I protect my Development project from COVID-19?

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  The health and economic impacts of the Coronavirus epidemic will assuredly touch virtually every corner of the World before it is brought under control. And while the virus has many fearing for their health, it is casting a much longer and darker shadow over many sectors of our national and global economies. As voluntary… Read more »

How will legalized pot affect property owners?

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Important to owners, condominium associations, property managers and tenants, the law includes an amendment to the Illinois Condominium Property Act which allows condominium associations to place certain restrictions on the smoking of marijuana, both in common elements and in private units.

What steps can be taken in a homeowner association if one owner is interfering with the rights of another owner?

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  Conflicts between owners are inherent in shared community living. And whether misconduct is a result of an owner’s natural personality or a result of medical conditions affecting that owner, the Association and its Board cannot simply turn a blind eye. As there may be a number of corollary issues to carefully consider — rights… Read more »