So You’ve Been Named Successor Trustee — What Happens Now?
By The Stejkowski Law Firm | Serving Bourbonnais, Bradley, Manteno, Kankakee, and Iroquois County, Illinois If you live in Bourbonnais, Bradley, Kankakee, Manteno, or Iroquois County and someone you love trusted you enough to name you as successor trustee, you have been given both an honor and a responsibility.When that person passes away, their living […]
Digital Assets and Estate Planning: What You Need to Know in 2025: A Stejkowski Law Firm Article
Welcome to this important guide from The Stejkowski Law Firm, LLC. In today’s digital age, your estate isn’t limited to bank accounts, property, and investments—it also includes your digital assets. From online financial accounts and social media profiles to cryptocurrency and cloud storage, your digital life holds real and often significant value. Unfortunately, without proper […]
Guardianship and Minor Children: Planning for the Unexpected: A Stejkowski Law Firm Article
Welcome to this important guide from The Stejkowski Law Firm. When you’re raising young children, your days are filled with school drop-offs, homework, sports, bedtime routines, and planning for their future. But one essential part of that future often gets overlooked: what happens to your children if the unexpected occurs? Just as you take steps […]
How to Avoid Probate: Smart Strategies for Streamlining Your Estate: A Stejkowski Law Firm Article
Welcome to this practical guide from The Stejkowski Law Firm. When you’ve worked hard to build a life, support your family, and accumulate assets, the last thing you want is for your loved ones to face delays, expenses, and stress after you’re gone. Yet for many families, that’s exactly what happens through a process called […]
Navigating 1031 Exchanges: Tax Strategies for Real Estate Investors:A Stejkowski Law Firm Article
Welcome to this practical guide from The Stejkowski Law Firm. For many Illinois real estate investors, building wealth through property ownership is a long-term strategy—one that involves careful planning, smart acquisitions, and thoughtful exits. But when it comes time to sell investment property, capital gains taxes can significantly reduce your returns if you’re not prepared. […]
Common Title Issues in Commercial Real Estate and How to Resolve Them: A Stejkowski Law Firm Article
Welcome to this practical guide from The Stejkowski Law Firm. Commercial real estate transactions often involve significant investments, complex negotiations, and multiple stakeholders. Whether you are purchasing an office building, industrial facility, retail center, or development land, one critical step in the process is ensuring the property has clear and marketable title. Title problems, also […]
Environmental Due Diligence in Commercial Real Estate Transactions: A Stejkowski Law Firm Article
Welcome to this practical guide from The Stejkowski Law Firm. Commercial real estate transactions often involve significant investments, layered risk, and detailed due diligence. Whether you are acquiring an industrial site, retail center, office building, or development land, one critical but sometimes overlooked aspect of the process is environmental compliance. Environmental laws can significantly affect […]
Understanding Triple Net (NNN) Leases: Pros and Cons for Landlords and Tenants: A Stejkowski Law Firm Article
Welcome to this practical guide from The Stejkowski Law Firm. Commercial leasing arrangements can vary significantly depending on the property type, market conditions, and business goals of the parties involved. One of the most common lease structures in commercial real estate is the Triple Net lease, commonly referred to in the business as an “NNN […]
Living Trust & Estate PlanningYour Trust May Not Control Your Retirement Account: A Stejkowski Law Firm ArticleLiving Trust & Estate Planning
A recent story in the Wall Street Journal illustrates one of the most common problems in estate planning. Not bad documents. Not a bad trust. Not family fighting over intent. It’s implementation. Ed Lyon was a urologist at the University of Chicago. He and his wife, Val, had 12 children and 36 grandchildren. In 2014, they updated […]