The Illinois Residential Real Property Transfer Act (755 ILCS 27/1, et seq.) (the “Act”) provides for an owner, or co-owners, to transfer Illinois residential real estate to one or more designated beneficiaries at the death of the owner, or, if there are more than one owner, at the death of the surviving owner. This post-death transfer is done by preparing and recording a Transfer on Death Instrument (“TOD Instrument”) during the owner's life. ... Read More
Witnesses In The Era Of Covid-19; Signing Important Documents During Social-Distancing
Executive Order From Governor Pritzker on Witnesses During Gubernatorial Disaster Proclamation On March 26, 2020, Governor Pritzker issued Executive Order 2020-14 in response to Covid-19 (Covid-19 Executive Order No. 12). This Order relaxes some of the in-person interaction and requirements related to services of witnesses so that residents of Illinois can continue to make critical personal and business decisions and finalize planning ... Read More