Legal Insights

Name: Kravets Law Group, P.C.
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When Are Handshake Deals Legally Binding

You shake hands after a productive meeting. Everything feels settled. Then weeks pass, and suddenly the other party backs out or insists they agreed to…
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Can No Contest Clauses Prevent Will Disputes

You've probably heard about no contest clauses. They're those provisions people add to wills, hoping to scare off any family member who might challenge the…
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Per Stirpes Vs Per Capita Explained

When you're drafting a will or trust, you'll eventually encounter two Latin terms that sound confusing but matter tremendously: per stirpes and per capita. These…
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Proving Breach Of Fiduciary Duty

When someone you trusted in business betrays that trust, the damage goes beyond dollars. But feeling wronged and proving it legally? Those are different things…
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Heir Rights When Executors Go Silent

Waiting for updates about an estate is frustrating. When does the executor completely stop responding to your calls, emails, or questions? That frustration turns into…
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Federal Expansion Plans Stir Chicago Concerns

Federal immigration policy and local governance collided this week as Homeland Security Secretary Kristi Noem announced that the Trump administration plans to purchase additional properties…
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Northern Trust Merger Raises Local Concerns

Talk of a potential merger between Northern Trust and Bank of New York Mellon has stirred concern across Chicago’s financial and business communities, with many…
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Pooled Special Needs Trusts Explained

A pooled special needs trust is a type of trust managed by a nonprofit organization that combines the assets of many beneficiaries into one large…
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Why Wills Get Challenged In Court

You've done the responsible thing. You created a will, signed it, and put your affairs in order. That should be enough, right? Not always. Wills…
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Assets That Should Stay Out Of Your Trust

Creating a living trust is a smart move for many Illinois families who want to avoid probate and maintain privacy in their estate planning. But…
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What Is A Qualified Personal Residence Trust

A Qualified Personal Residence Trust, or QPRT, is an irrevocable trust that holds your primary residence or vacation home for a specified number of years…
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When Trustees Mismanage Trust Assets

Trust mismanagement can devastate beneficiaries who depend on those assets for their financial security. I've seen it destroy families and drain estates that took generations…
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