Thomas Besore's (besore) Blog

By
Services for Real Estate Pros - Thomas G. Besore, Esq.
RECENT BLOG POSTS
1 Comments
Where's the deed?I was recently engaged to accomplish some estate planning for a new client.  After establishing a living trust, the first order of business was to fund the trust by transferring significant assets into the name of the trust.  For real estate, this is accomplished by deeding the p...
12/09/2008
It has been said that death and taxes are the only two sure things in life.  So what will happen to your client's home and other wealth when they pass from this life?Did you know that everyone has a will?  Even if you have not expressed your wishes by formally adopting a Last Will and Testament, ...
05/28/2008
Many business owners are aware of the advantages of operating their enterprises through an LLC structure.  Regardless of their tax status (whether taxed as a sole proprietorship, corporation, partnership), those who elect to operate as an LLC isolate business liabilities within the entity itself...
04/22/2008
We should all know that it’s illegal to discriminate on the basis of things like race, religion, sex or  family status when either renting or selling housing.  In addition to the act of discrimination itself, it is also illegal to create or publish advertisements which indicate such a discriminat...
03/29/2008
Most Chicago real estate professionals know by now that the city passed an ordinance to increase the real estate transfer tax by 40% from $7.50 per thousand to $10.50 per thousand, effective with transfers April fools day.  The transfer tax will fund improvements to public transportation.  Althou...
03/10/2008
Bulletin:  Sign on to Craigslist and you can find an attorney to handle your client's real estate closing for a very minimal fee.  What level of service do you expect for this rock bottom rate?  Do you expect the attorney to service the transaction or will a paralegal complete the task?  If the f...
03/07/2008
Do you counsel your clients to review public information concerning sex offender residence and crime statistics for the neighborhood?  Do you go a step further and provide the data for them before writing the offer?  Do you adopt a "don’t ask - don’t tell" policy?  Is that the right thing to do? ...
03/07/2008
Dear Colleague,Please read this post, draw your own preliminary conclusions, and then follow the link to another article on this subject.  I promise you will not be disappointed.  See if your conclusions change after following the link at the end of the post.There are two essential sets of docume...
03/05/2008
Effective January 1, 2008, ALL sellers of residential real estate in Illinois are required to provide information about the dangers of radon and disclose any prior testing on the subject property.  I am no scientist, but I seem to recall that radon can be a problem when it seeps from the ground i...
02/29/2008
Real estate professionals have long been among the greatest supporters of local neighborhoods. The local neighborhood is often among the strongest selling points of a property. In support of that concept, a not-so-new initiative exists in Chicago to promote local businesses who make the character...
02/27/2008
Rainer
4,969

Thomas Besore

local_phone(312) 725-0223
smartphone(312) 725-0223
Contact The Author