Windy City Legal Blog

Many people think of the Will as a document that causes the distribution of their assets after their death. While that is certainly a part of its function, the Will can help the family in several other ways.

1.  The executor.
First, it names an executor or executrix to administer your estate. By designating such a person, one can avoid having no one take action, and will decrease the time until...

A storm came through Chicago today, with a lot of lightning.  Lightning strikes quickly and without notice.  Accidents and illness do  too.  There are three very basic documents that you should have in place, so that your choices can be carried out if you are not able  to articulate them.

1. The power of attorney for property.  
This document allows a trusted person that you designate to act as y...

In some cases, a buyer and seller of commercial real estate which seek to enter into an agreement by which the seller will provide financing to the buyer.  These types of transactions often differ from those in which the buyer is financing the purchase on its own or with third party funds.

A blueprint for such a transaction is a form of contract known as Articles of Agreement for Deed.  The Arti...