I. What is a living trust? Basically, a Living Trust (also known as revocable trust, declaration of trust, grantor trust, and many other names) is a trust in which the same individual is simultaneously the creator, or "settlor", of the trust, the initial trustee and the initial beneficiary. Such "one party" trusts are valid in Illinois and most other states. To create a valid Living Trust, your intention to establish the trust must be clear ... Read More
A Reviewing Court’s Power To Deny Oral Argument
By: Jacob E. Gancarczyk Oral argument provides both advocates and the court with a valuable opportunity to exchange ideas and discuss issues related to a particular case. In many cases, it may be the last time for a party to present its most favorable arguments to the court and may be the only opportunity for a party to answer specific questions from the justices deciding the case. A recent amendment to the Illinois Supreme Court Rules ... Read More
Attorney Jacob Gancarczyk elected to WCBA Board of Directors
Attorney Jacob Gancarczyk has been elected to the Will County Bar Association’s Board of Directors. Mr. Gancarczyk previously served as the committee chair for the Will County Bar Association’s Young Lawyer’s Association. Under his leadership, the Young Lawyer’s Association has been involved in several community projects including volunteering for the Northern Illinois Food Bank, Will County Child Advocacy Center, Cystic Fibrosis Foundation, and ... Read More
Partner John Spesia – Improving Educational Opportunities In Malawi, Africa
In rural Districts of Malawi, Africa, literacy rates are as low as 60% and poverty rates are as high as 69%. There are also significant inequities between male and female students, with 80% more males than females completing secondary school or going beyond secondary school and 14% of females versus 8% of males never attending school. Through his position with the Joliet Rotary Club, Spesia & Taylor partner John Spesia is working with ... Read More
Spesia & Taylor Featured In Leading Lawyers Magazine
Since 1899, the law firm of Spesia & Taylor has built a reputation for quality and aggressive legal representation throughout the State of Illinois in both state and federal courts. Originally founded under the name of Barr & Barr, the law firm of Spesia & Taylor is one of the oldest law firms in Will County. Over the years, the attorneys at Spesia & Taylor have built a reputation for high quality and aggressive legal ... Read More
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