Recent Blog Posts
How to Talk to Your Parents About an Estate Plan
Bringing up the topic of estate planning with your parents can be very uncomfortable. No one likes to think about end-of-life decisions, and many people avoid these conversations because they do not know where to start or because they are afraid they may come off as overly eager about their inheritance.
However, having a strong estate plan is not just about money. It is about making sure your parents’ wishes are honored, reducing stress for family members when your parents pass, and avoiding unnecessary legal complications. Our Illinois estate planning attorney at The McCormick Law Firm, LLC can help your parents create an estate plan that is as detailed or simple as they need it to be. Call us today.
What is an Estate Plan?
Estate planning includes several important documents. A will states who will inherit property and who will be responsible for managing the estate. Trusts are more complex, but still serve the fundamental purpose of protecting someone’s property and legacy, especially by keeping valuable assets out of the probate process.
6 Tips for First-Time Homebuyers
Buying your first home is an exciting step, but it can also feel a bit overwhelming. For many people in their late 20s or early 30s, buying a home is one of the biggest financial decisions they will ever make.
Understanding the process and making smart choices along the way can set you up for success. With the right guidance, including help from an experienced attorney, you can navigate buying your first home with confidence.
At our office, you will work directly with an Illinois real estate attorney to address every legal aspect of the home buying process, ensuring that you are protected from start to finish. Here are six tips to help first-time homebuyers get started on the right foot.
Know What You Can Afford
Before you start looking at listings, take a close look at your budget. In addition to your mortgage payment, factor in property taxes, homeowners insurance, utilities, and maintenance costs.