Blog — Business, Estate Planning & Real Estate Law

What Happens When You Create A Trust?

What Happens When You Create A Trust? Creating a trust is an important step in planning for the future, but you’ll need a Chicago, IL revocable trust lawyer to walk you through the process. At Kravets Law Group, we have over a decade of experience. We’ve assisted our clients with wills, trusts, and estate planning,

Who Can Contest A Will After Death

Who Can Contest A Will After Death When a loved one passes away, a will is meant to provide clarity about how their assets and property should be distributed. Unfortunately, not every will is free from disputes. All the more reason to contact a Chicago, IL wills lawyer you can trust. At Kravets Law Group,

Essential Legal Documents for Small Businesses: A Checklist

Essential Legal Documents for Small Businesses: A Comprehensive Guide Starting and running a small business is an exciting endeavor filled with opportunities for growth and success. However, along with the potential rewards come various legal responsibilities that business owners must address to protect their interests and ensure long-term stability. One of the most critical steps

Real Estate Investing: Legal Considerations for Success

Real Estate Investing: Legal Considerations for Success Real estate investing can be an incredibly lucrative way to build wealth, generate passive income, and diversify your financial portfolio. However, the path to success in real estate is fraught with legal complexities and potential risks that, if not managed properly, can lead to significant setbacks. Understanding the

The Benefits of Trusts: Understanding Your Options

Estate planning is a crucial aspect of financial management, ensuring the protection and smooth transfer of assets to your loved ones or business partners. In this blog post, we will explore the benefits of trusts and the various options available to you, providing valuable insights into this essential aspect of estate planning. Protecting Your Assets

Creating a Business Plan: Why It’s Important and How to Do It Right

Starting a business is an exhilarating journey filled with endless opportunities and potential. However, it also comes with challenges that require careful planning and foresight. One of the most crucial steps in ensuring your venture’s success is creating a comprehensive business plan. This essential document serves as your roadmap, providing clarity and direction as you

Mastering Real Estate Contract Negotiations: Essential Tips for Buyers, Sellers, and Investors

Real estate transactions are often intricate and require careful negotiation to ensure a favorable outcome for all parties involved. Whether you’re a buyer, seller, or investor, understanding the critical aspects of negotiating a real estate contract is key to achieving your goals and protecting your interests. Below, we delve into the essential considerations for navigating

The Benefits of Incorporating Your Small Business

The Benefits of Incorporating Your Small Business: A Comprehensive Guide As a small business owner, you’ve likely considered the prospect of incorporating your business but may be unsure if the effort and costs involved are justified. Incorporation offers a wide array of advantages that can significantly contribute to your business’s growth, stability, and long-term success.

10 Common Mistakes to Avoid in Estate Planning

Estate planning is an essential step in securing your financial legacy and ensuring your loved ones are cared for after you’re gone. However, due to its complexity, even small oversights can lead to unintended consequences that could burden your family or compromise your wishes. In this expanded blog, we’ll explore ten common mistakes to avoid

Understanding the Closing Process: A Guide for Homebuyers

Buying a home is one of the most exciting and significant milestones in life. However, it’s also a process filled with details, decisions, and paperwork. One of the most critical steps in this journey is the closing process, where the property officially transfers from the seller to the buyer. Understanding this process in detail can