Recent Blog Posts
Estate Planning Best Practices: How To Properly Document and Transfer Access to Accounts
Hello to all our viewers. It’s good to be with you here today. I am Chris Nudo. I am an estate planning and real estate and business transaction attorney located in the Northwest Suburbs of Chicago. I have a Christian Based law practice and today we are going to be talking a topic that… Read More »
When Does It Make Sense to Purchase Real Estate Under an LLC or Held by A Trust?
Transcript Below is the transcript of the video and is only being provided as a matter of convenience, but we highly encourage people to watch the video. hey good morning well or this afternoon or i suppose this evening depending on when you’re actually watching it but for the live viewers it’s the morning… Read More »
How Entrepreneurs and Business Owners Can Structure Their Estate Plan
Transcript: Below is the transcript of the video and is only being provided as a matter of convenience, but we highly encourage people to watch the video. hello it’s a pleasure to be with you here today i am attorney christopher nudo and i serve the chicago community uh specifically with offices in arlington… Read More »
Parents of children from two different marriages: How to handle the distribution of assets
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Testamentary Law and Contract Law. What Is the Difference, and Why Should You Care?
Transcript Below is the transcript of the video and is only being provided as a matter of convenience, but we highly encourage people to watch the video Hello and welcome to another fun video broadcast with christopher nudo I am an attorney uh in the chicagoland area I have offices in arlington heights and… Read More »
I’m Going to Be Buying a Property. When is the Best Time to Consult or Hire a Real Estate Attorney?
If you’re a first time home buyer, it is a really good idea to consult with a lawyer and review the entire process. This includes everything from looking for a home to deciding when to apply for your loan. You should discuss what to expect after you’ve signed a contract, what an inspection consists… Read More »
How Can I Legally Protect My Assets from Potential Incapacity?
Assets can be protected from potential incapacity in two primary ways: with a living trust, and with a durable power of attorney. Protecting assets is really about effectively managing a person’s assets once they are no longer able to manage the assets themselves due to some sort of cognitive impairment. In a living trust,… Read More »
What is Probate and When Does it Occur?
In Illinois, probate is the act of substituting one’s free will by the court system and is really designed to protect creditors of an estate. In the making of a will, a person is capable of choosing to gift their assets to whomever they want. Unfortunately, the will in and of itself does not… Read More »
What Can Both Sides Expect to Happen at A Real Estate Closing?
Every law firm handles real estate closings differently, but I’d like to think our firm handles them in the best way. We don’t permit our sellers to attend closings; we have them pre-sign all of the documentation and provide us with a power of attorney to attend the closing. This is because there’s very… Read More »
