What Is Negligence in Construction?

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Construction projects require careful planning, adherence to industry standards, and quality workmanship. Negligence can result in significant financial losses, legal disputes, and potential safety hazards. Berardi and Associates, LLC provides legal representation to property owners, contractors, and developers dealing with construction-related issues. Our firm is experienced in handling complex litigation and guiding clients through disputes… Read more »

Understanding Real Estate Taxes and Tax Credits at Closing in Illinois

Posted by & filed under Real Estate, Real Estate Laywer.

Real estate taxes in Illinois are notoriously complicated, especially for buyers and sellers navigating a transaction. Unlike many other states where taxes are paid in real-time, Illinois taxes are paid in arrears—meaning homeowners pay for the previous year’s taxes rather than the current year. This creates challenges at closing because the final tax bill for… Read more »

Can You Recover Emotional Damages from Product Liability?

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Defective products can cause more than just physical harm—they can also lead to significant emotional distress. Whether it’s the trauma of a severe injury, the lasting anxiety of using similar products, or the psychological toll of permanent scarring, emotional suffering is a serious consequence of product defects. While compensation for medical expenses and lost wages… Read more »

A Guide to the Commercial Real Estate Transaction Process

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Commercial real estate transactions involve numerous legal, financial, and regulatory considerations. Whether buying, selling, or leasing a commercial property, each step requires careful planning and legal oversight to protect your investment. At Berardi and Associates, LLC, we assist businesses and investors throughout Homer Glen, Illinois, in structuring their real estate transactions to minimize risk and… Read more »

How Long Does Estate Settlement Take?

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Estate settlement involves distributing a deceased person’s assets, paying off debts, and ensuring beneficiaries receive their rightful inheritance. The time required depends on several factors, including the size of the estate, whether a will is present, and whether probate is necessary. On average, settlement can take a few months to over a year. For residents… Read more »

Why You Shouldn’t Misuse “Vesting” in Real Estate Transactions

Posted by & filed under Real Estate, Uncategorized.

In the legal and real estate industries, precise language is critical to avoid misunderstandings and ensure the integrity of transactions. Unfortunately, the term “vesting” is often misused, particularly in real estate contexts, where it is incorrectly employed as shorthand for the type of tenancy or ownership structure. This practice is not only inaccurate but can… Read more »

When Is a Good Time to Create a Last Will and Testament?

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Planning for the future is an essential step in safeguarding your assets and ensuring your loved ones are cared for in the way you desire. A last will and testament is a foundational document in estate planning that outlines your wishes for distributing property, appointing guardians for minor children, and more. At Berardi and Associates,… Read more »