A longstanding dispute over a widow's estate held up the distribution of millions of dollars and prevented intended cash gifts from going to Illinois charities. As reported by Crain's Chicago Business, the jury found that a neurosurgeon defrauded the deceased wealthy...
Month: September 2019
Selling your home to a real estate developer
When an Illinois real estate developer has its blueprints for a building approved by local officials, there may be little that you could do to prevent the plans from being carried out. At the law office of Lifka & Lifka, P.C., Attorneys at Law, we understand how...
Will I have to pay estate taxes on my parent’s estate?
After the death of a parent, the last thing you are probably thinking about is paying taxes. However, taxes are one thing even death does not stop. In fact, you may be on the hook to pay certain taxes out of your parent's estate. The Illinois probate process will...
Why do you need an estate plan?
Many people associate estate planning with the ultra-wealthy or the elderly, but the truth is that anyone, regardless of their financial status or their family dynamics, can benefit from a thorough estate plan. That said, only 42% of American adults have estate...
