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Date: 03/16/22 Author: Attorney Andrew J. Mertzenich McHenry County Real Estate Lawyers Winnebago County Real Estate Lawyers What is a 1031 Exchange? How to Avoid Capital Gains Taxes: First, a 1031 exchange is the nickname given to discuss section 1031 of the U.S. Internal Revenue Services Tax Code. In short, a 1031 exchange states, if a person exchanges one investment
Date: 03/08/22 Author: Attorney Andrew J. Mertzenich McHenry County Real Estate Lawyers Winnebago County Real Estate Lawyers Popular Mortgage Loan Types in Illinois First and foremost, there are numerous types of mortgages to select from when buying a home. However, the many different mortgage types, possess their own specifications. Therefore, taking the time to understand mortgage types and the rates
Date: 03/01/22 Author: Attorney Jean Butler How to Choose the Right Family Law Attorney To begin, Family Law is a very complex legal topic which covers many different things. Whether it be assisting in adoptions, child support, divorce, or mediation, Family Law attorneys help confusing circumstances make sense. At times, individuals may have trouble sorting out the specifics involved in their
Date: 02/18/22 Author: Attorney Andrew J. Mertzenich McHenry County Estate Planning Lawyers Winnebago County Estate Planning Lawyers How to Contest a Will in Winnebago County First, a will is a legal document involved in an estate plan which determines what happens with someone’s assets once they pass away. At times, the people involved in a will may be displeased with
Date: 02/16/22 Author: Attorney Andrew J. Mertzenich McHenry County Real Estate Lawyers Winnebago County Real Estate Lawyers 5 Tips for First Time Home Buyers There are many important decisions people are faced to make throughout their lifetimes. That being said, it may be argued no decision is bigger than deciding to buy a home. Navigating through the ins and outs
Date: 02/10/22 Author: Attorney Nicole O’Connor Damages Involved in Personal Injury Cases First and foremost, the individual seeking compensation in personal injury cases is known as the “plaintiff”. There are mainly two types of damages that people seek compensation for, compensatory and punitive damages. To clarify, “damages” can include, property damage, medical harm, and much more. Compensatory Damages Explained Often, personal
Date: 02/09/22 Author: Attorney Jean Butler Helping Kids Adjust Following a Divorce Even the smoothest of divorces will be a tough experience for all parties involved. However, children are impacted the most. Therefore, taking time to understand how a child feels following a divorce is a must for parents. At times though, it may be hard for newly divorced parents to
Date: 02/04/22 Author: Attorney Nicole O’Connor How to File a Personal Injury Claim In the event you were injured due to someone else’s negligence you may be entitled to compensation. At times navigating the legalities involving Personal Injury cases can be confusing. Prime Law Group has experienced Personal Injury lawyers that can help make sense of the specifics involving your case.
Date: 01/31/22 Author: Attorney Jean Butler Child Custody Types in Illinois When it comes to the topic of divorce, no issue is more controversial than child custody. Most often, regardless of the relationship between parents, the parents still want the best for their child or children. The topic of child custody is a complex one and in Illinois as there are
Date: 01/27/22 Author: Attorney Andrew J. Mertzenich Intestate Distribution Methods To begin, intestate distribution is the default distribution method for when someone passes away without a will. In short, a will determines a persons wishes and demands after they pass away. Strict Per Stirpes Distribution: The first, and most common, form of distribution is per stirpes distribution method. Here, the estate