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Estate Planning

Understanding Capital Gains Tax

Homeowners selling their primary residence for a gain are entitled to a generous tax break called the Home Sale Exclusion. When selling your primary residence at a profit, you may qualify to exclude up to $250,000 of that gain from …

Starting the Estate Planning Process

Many people consider estate planning too private or morbid to discuss. Having these conversations might not be pleasant, but they can help avoid surprises, lead to better financial planning and promote family harmony. Not knowing how to begin the estate …

Five Common Estate Planning Mistakes to Avoid

There are only two things certain in life: death and taxes. Thinking about either is not very pleasant. However, preparing ahead of time about what will occur after your death through estate planning is one of the most important things …

Naming Heirs in Illinois

A deceased borrower’s spouse or child will often contact your office wanting to know why he or she is named in a mortgage foreclosure lawsuit when he or she did not own the property. That person will inform you that …