I cannot emphasize this enough – it is essential that every adult prepare an estate plan. Regardless of how old you are, your marital status, or how much money you have, having a Will, advanced directives such as powers of attorney, and perhaps a trust or other plan, is important. Nearly 70% of Americans do… Continue reading
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John R. Russell Co-authors Article About Analysis of Interest Arbitration During Economic and Social Crisis in University of Illinois and Chicago-Kent College of Law’s Illinois Public Employee Relations Report
John R. Russell has an of-counsel relationship with the Chicago law firm, Laner Muchin, Ltd. The firm concentrates exclusively in the representation of employers in labor relations, employment litigation, employee benefits and business immigration matters. The firm provides legal services to clients from coast to coast. Mr. Russell has been working with two of the… Continue reading
Estate Taxes and Life Insurance
It’s a question I am obliged to ask my clients at the outset of the initial consultation about estate planning. I will gravely ask if they think there will be a concern with federal estate taxation. A concerned look will cross their faces – “Should we be concerned?” I will reply that if their gross… Continue reading
IS THE HOUSING MARKET SLOWING DOWN?
As the Coronavirus pandemic took hold of our society back in March, 2020, and the Governor issued his executive orders effectively shutting everything down, the outlook for real estate sales looked bleak. As an attorney whose practice involves a lot of buying and selling of residential properties in the south side of the Chicago metropolitan… Continue reading
Why Do You Need A Real Estate Attorney?
Many non-legal professionals, such as realtors, bankers, or mortgage brokers might still insist that real estate contracts and closings can be accomplished without the assistance of an attorney. They argue that the expense is too great, especially when customers are paying so much in other expenses related to selling or buying their home or obtaining… Continue reading