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Oct
12

An Introduction to the Illinois Survival Act

An Introduction to the Illinois Survival Act As is, the death of a family member is already a traumatic and unfortunate experience. The impact of the event is more severe if a family member counted on the deceased for support while they were alive. In Illinois, it may be possible for that family member to file a wrongful death action, but only if the death was because of negligence. If the negligence caused a vehicular accident, then working with Lindenhurst auto accident lawyers who have experience with wrongful death actions offers the best chance for compensation. The Rights of the Victim There is a different Illinois law known as the Survival Act which may be utilized as well. While a wrongful death action provides compensation for family members of the victim, the Survival act is used to receive compensation that would have been owed to the deceased. This act is meant to protect the rights of the deceased and the wrongful death action is meant to protect the rights of their relatives. Compensation to the Estate As with a wrongful death action relating to a vehicular accident, you would still work with Lindenhurst auto accident lawyers who have experience with these types of cases. Their goal is to defend the rights of the deceased in court. The compensation that would have been owed to the deceased is instead provided to their estate. This can include compensation for pain, suffering, medical expenses, lost wages, and damage to property. A Complex Branch of Law Wrongful death actions and the Illinois Survival Act both operate in a complex branch of law. It often intertwines with other specialties. Lindenhurst auto accident lawyers are most adept at handling cases where the negligence occurred while driving. Of course, it’s imperative that you make sure the lawyer has experience handling cases involving the Survival Act or wrongful death actions. The Law Offices of Robert T.Edens, P.C. is a law firm in Illinois with office locations in Chicago, Antioch, Grayslake, Waukegan, Woodstock, and Libertyville. They often handle personal injury and workers’ compensation cases. This can include cases involving auto accidents, dog bites, malpractice, or wrongful death. Be the first to like. Like...
Sep
12

A Charitable Giving Attorney Shows How Your Generosity Can Help You

A Charitable Giving Attorney Shows How Your Generosity Can Help You When you reach a certain level of wealth and want to leave something behind, it’s possible to create a trust that provides valuable assistance to your favorite charity, generates income for your beneficiaries, and also acts as a tax break. Your Lincolnshire charitable giving attorney can help you decide the best course of action to meet your giving goals. Keep reading to find out more about two trusts that can help you accomplish them. Charitable Remainder Trust A charitable remainder trust (CRT) is an unbreakable trust that creates income for you and your beneficiaries. Surplus revenue is funneled to your specified charity. Charitable trusts give you flexibility over your intended charitable beneficiaries. It can also provide you with an income source to help you with estate planning and tax management. Your Lincolnshire Charitable Giving Attorney can help you set up a charitable remainder trust. This type of trust is known as a split interest giving vehicle since you can make contributions and receive a tax deduction based on the CRT’s assets moved to the charity. You name yourself or another person to receive set revenue for a number of years (20 is the maximum). Then, you name a charity to get the remainder as a donation. Charitable Lead Trust A charitable lead trust (CLT) is the opposite of the charitable remainder trust, and the income is first paid to charity with private individuals getting the remainder. A CLT is an estate or gift tax tool to keep more of your money in your estate. It reduces taxable income for beneficiaries by first giving to charities and then, after a few months, moving the remainder to your beneficiaries, who should be able to reduce their tax burden with this strategy. If you want to do the right thing and leave money behind to support your charitable causes, there’s no reason you can’t do it in a way that also benefits your beneficiaries and yourself. Your Lincolnshire Charitable Giving Attorney can help you make it happen it with the best possible outcomes. Orlowsky & Wilson, Ltd. serves the Chicago area. They offer business law and estate planning to individuals and businesses throughout Illinois. One of their areas of expertise is charitable giving that generates income. Be the first to like. Like...
Jul
3

How a Personal Injury Lawyer in Melrose MA Can Help Accident Victims

How a Personal Injury Lawyer in Melrose MA Can Help Accident Victims No one likes getting hurt, but sometimes it can seem unavoidable. Even those who are most careful and mindful as they go about their daily routines sometimes end up suffering harm because of the negligence of others. When the injury that results will require extensive treatment and could even mean missing work, making sure to pursue the compensation a victim could be owed should always be a top priority. Working with a Personal Injury Lawyer in Melrose MA like one of those at the Law Offices of Burton J. Hass will typically be the best and most direct way of making such positive results most likely. It can be tempting to assume that things will work themselves out naturally and for the best, but that can be a dangerous position to adopt. In the vast majority of cases, even those who are most clearly responsible for causing injuries to others strive to do everything possible to avoid paying what they actually owe. While the other party might initially seem cooperative and full of good will, that can easily turn out to be an illusion. The cold, hard realities of the world mean that once money is on the line, each individual or business will tend to try to protect their own interests above all else. Being able to rely on a Personal Injury Lawyer in Melrose MA can make all the difference. Since these professionals understand all the relevant laws in a deep, penetrating way, they will inevitably be able to identify just what a particular client might be entitled to. Compared to the typically fuzzy feelings for justice and the relief afforded by the law that the average amateur possesses, that alone can be extremely valuable. Just as importantly, attorneys who represent accident victims also commit to taking the lead. Instead of struggling to negotiate with an insurer or a business while also recovering from an injury, this will mean that a victim can simply focus on recovering. That, too, can make an enormous difference when all is said and done, both in terms of making it easier to get well and improving the odds of receiving an appropriate amount of compensation. You can also visit them on Facebook. Be the first to like. Like...
Jun
23

4 Questions to Ask a Real Estate Lawyer in Angola, Indiana

4 Questions to Ask a Real Estate Lawyer in Angola, Indiana When in doubt during a real estate transaction, most people consult their real estate agent or broker. However, if the deal is risky or complicated, it is wise to consult a real estate lawyer in Angola, Indiana. When choosing an attorney, ask the following questions to ensure the proper match. How Long Has the Attorney Practiced? Before hiring a lawyer, it is beneficial to determine how much practical experience they have. If a client needs help with something simple such as a purchase agreement, maybe they can get by with someone who only has a couple of years of experience. However, if the real estate transaction is complex, it’s good to choose an attorney with 10 to 15 years of experience. How Many Similar Cases Has the Firm Handled? Every real estate transaction is unique. Before hiring an attorney, it is important for the client to ask if they have dealt with similar transactions before. If they have, they will better be able to predict the potential problems and stop them before they start. People can get personal referrals by asking attorneys in other fields for recommendations. Alternatively, they can ask neighbors or friends for references as well. How Will the Case Be Handled? It’s reasonable for a client to ask a lawyer for an overview of what they plan to do. In fact, this step can help the client determine which attorneys are knowledgeable about the intricacies of real estate law. An experienced real estate attorney can provide a rough outline of what needs to be done during a transaction. How Is Billing Done? Learning about an attorney’s fee schedule can help clients avoid costly and unpleasant surprises in the future. Most real estate lawyers work for an hourly fee, which means they charge a certain amount for every hour spent working on the case. The average hourly fee can range from $100 to $200, but for simple transactions, a client may be able to negotiate a flat fee. After asking the questions above, it’s important for the client to choose a lawyer with whom they are comfortable. Anyone in need of help buying or selling a home can consult a real estate lawyer in Angola, Indiana with Yoder & Kraus. Be the first to like. Like...
May
24

Why Set Up a Trust? Ask a Sacramento Trust Attorney!

Why Set Up a Trust? Ask a Sacramento Trust Attorney! A Sacramento trust attorney can tell you exactly why a trust may be the better option for your estate planning. Trusts are not used as often as they should be, because many people do not take the time to consult with a Sacramento trust attorney before making decisions about their estate. Wills Vs Trusts Both a will and a trust are estate planning tools to ensure that your estate is directed as you want it to be but a trust may be the better option in certain situations. An experienced attorney can help you to decide which is best and whether you need both. There are a few differences between the two documents, the main one is that one takes effect as soon as the documents are drawn up and the other does not take effect until you pass away. Other differences are: A trust can help the estate to save money and time in probate, assets are rarely frozen with a trust Trusts can be more specific and provide provisions in case you become incapacitated, wills do not offer this protection If you have assets that can suffer from long probate periods, like a business, a trust can act as protection There are tax benefits of a trust that a will cannot provide There is a lot of information to consider about both these instruments that an attorney can help you to understand. In most cases, savvy clients use both tools to protect their estate and their heirs. Ask an Attorney Estate planning can be challenge no matter how much value is in your estate. The right legal support can help you to make the informed decisions that will protect your assets both now and when you are no longer here to make decisions. The Law Offices of Mitchell S Otswald is a good place to start your planning and learn more about trusts! Be the first to like. Like...

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