Timeshare Exit Strategies

This course focuses on the various aspects of leasing, security deposits and evictions in Illinois. Included are discussions of the general processes as outlined by state law, as well as special circumstances to consider when addressing issues in Cook County or Chicago.

Planning for a disability should be part of any discussion during estate planning. This course addresses topics that should be a part of this conversation. These include Powers of Attorney, and the possible inclusion of enabling the agent to make gifts of the principal's property and beneficiary designations. The course also involves discussion of the estate plan as a living document that needs regular review and updating. A discussion of various trusts is included. Originally presented as part of the Estate Planning for the 99%.

A concise exploration of choosing and managing entities in real estate transactions. Navigate the suitability of corporations, partnerships, LLCs, Series LLCs, and REITs based on client goals. Gain insights into property management and transfer decisions, and touch on key taxation considerations. Explore potential traps during entity abandonment, reinstatement ease, record-keeping requirements, and the nuances of transferring interests versus titles. This session provides practical guidance for real estate practitioners navigating entity choices and challenges. Originally presented as part of the Taking, Holding, and Transferring Illinois Real Estate Titles 2024.