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Consider A Trust for Your Estate Plan
August 17th, 2023
Estate planning can be a challenge for Illinois residents. People want to share their assets without burdening their loved ones with heavy estate taxes, or the time and expense of going through the probate process. Establishing a trust may offer bene…
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A Common Misconception: Will vs Trust
May 30th, 2023
The Two Components Two components included in basic estate plans include a Last Will and Testament and a Trust. These can be used in combination with each other but can also be used separately. Our firm believes that a well-executed estate plan inclu…
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Importance of Powers of Attorney
September 21st, 2022
Being proactive in life is a good thing — especially if you’ve taken the time to prepare a Will or Trust to reflect how you want personal and financial matters handled after death. Planning for who makes financial and medical decisions for you if…
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The U.S. May Already Be in a Recession: Will the Housing Market Collapse Again?
August 8th, 2022
The economy is shrinking. Inflation is soaring, and the stock market is losing value. Searches for “Is the U.S. officially in a recession?” are now trending on Google. If the nation isn’t already in a recession, it might well be on the precipic…
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Will home prices fall?
July 25th, 2022
The top question on the minds of homebuyers and sellers alike is whether home prices are going to fall—and if so, by how much. Many real estate experts anticipate the rate of price growth will slow down as the year goes on. Others predict prices wi…
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Mistakes to Avoid in Estate Planning
June 9th, 2022
Failing to plan, failing to update the estate plan, failing to coordinate beneficiaries, forgetting to plan for disability and long-term care are the most common mistakes to avoid in estate planning. Failing to involve a legal, tax, or financial prof…
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The Importance of Powers of Attorney in Your Estate Plan
March 25th, 2022
Your estate plan should contain several elements. These all work together to ensure that your wishes are followed when you are unable to speak for yourself. You probably know that you need to get your Will in place. You may even recognize that you sh…
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Happy Holidays!
December 22nd, 2021
On behalf of all of us at Barry Law, Inc., we wish everyone a safe, joyous and happy holiday! We look forward to a prosperous 2022!!
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Why Retain Barry Law, Inc. For Your Real Estate Closing
July 27th, 2021
Buying or selling a home is one of the most important events in a person’s life. One does not often spend hundreds of thousands of dollars in a single day! The transaction is an intricate and complex process. Although Illinois law does not require…
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Roles of Officers in Homeowners Association
June 25th, 2021
The president, secretary and treasurer are offices required by the Illinois Condominium Property Act and the Illinois Common Interest Community Association Act. The governing documents for some associations also provide for the office of vice preside…
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Meet Kevin Barry
For over 30 years, Kevin Barry has provided quality legal representation to clients in the Chicagoland area. Mr. Barry has dedicated his legal practice to all aspects of real estate matters, estate planning, probate estates, guardianships, and busine… Read More
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