Author: Tami Wloch

The reason you purchase insurance, of course, is to financially protect yourself or your business.  The costs incurred from an accident, illness or other catastrophic event could be devastating without insurance protection.  So you pay your monthly premiums and assume your provider will have your back if you need them.  Unfortunately, that’s not always the result when filing an insurance claim.  Having your claim denied can be frustrating, and it may leave you wondering if there is any way to contest the denial.  Although it might be a difficult road, it is possible to get a denial reversed.  A qualified attorney, like those at Churchill, Quinn, Richtman & Hamilton, Ltd, can make a difference in whether you emerge victorious in your insurance claim dispute.

Every Insurance Policy is Different  

Each insurance carrier has their own set of rules and exclusions, and they can vary greatly between companies.  For example, what is covered, what is not covered, and under what circumstances, are all specified within the policy itself.  When an insurance claim is filed, the claims adjuster is responsible for determining if the claim is valid, based on his or her interpretation of the terms of the policy.  If the adjuster makes the decision to deny the claim it can be very difficult to get the decision changed.

Why a Claim Might Get Denied

A claims adjuster will deny a claim if he or she believes that the claim does not meet their criteria for approval.  Some examples of reasons for denial include:

• The claim exceeds the policy coverage limits
• You are filing a claim for coverage that you did not purchase as part of your policy
• You misrepresented information when applying for the insurance policy
• The insurance company suspects fraud
• Important details have been left out of the filed claim
• The claim was not filed on time
• The insurance company believes your own negligence was a contributing factor
• The policy’s fine print may contain exclusions pertaining to the details of your claim

What You Can Do to Dispute a Denied Claim

If you feel that your claim was unfairly denied, you can always ask the insurer to reconsider.  In the best-case scenario, they reverse their decision and your claim gets paid.  However, disputes involving insurance are typically not that easy, and most people don’t want to take on an escalated fight alone.  Insurance companies can seem large and intimidating, as they are often supported by a strong team of legal experts.  Accordingly, it would make sense to have an equally strong defense to argue your case.  An experienced attorney can help determine why the claim was denied, and therefore create the best strategy for a defense.

The attorneys at Churchill, Quinn, Richtman & Hamilton, Ltd have successfully represented many clients in a variety of insurance claim disputes.  From the real estate industry to auto policies to life insurance disputes and more, our team has the experience to help you get the results you want.  To learn more or to schedule an appointment, contact our office at 847-223-1500.

 

Additional information can be referenced here

If you own real estate in Lake County, Illinois, you should have recently received your 2019 (payable in 2020) real estate tax bill. After picking your jaw up of the floor and otherwise recovering from the shock caused by such an unfortunate event, you’re probably wondering, now what? Though there isn’t anything that can be done to challenge the bill you just received, there are things that can be done so that next year’s real estate tax experience is less painful.

First Things First

The unfortunate reality (something you’d think we are becoming more accustomed to these days) is that the tax bill you just received in the mail cannot be challenged. All you can do now is grit your teeth and pay the bill.

But There Is Good News

The good news is, an ordinance recently passed by the Lake County Board does give taxpayers more time to pay the bill that they just received. Ordinarily, the first installment of taxes would have been due on June 8, 2020 and the second on September 8, 2020. This year, in response to the economic hardship being caused by the COVID-19 pandemic, an ordinance has been passed allowing deferred payment of real estate taxes. Under the new payment schedule, taxes may be paid in four (4) installments that are due on

• June 8
• August 7
• September 8
• November 9

While the deferred payment schedule offers some short term relief, the total amount of taxes that must be paid remains the same.

How Do They Calculate Your Taxes?

Before we go further, let’s pause to go over how real estate taxes are calculated. In Illinois, the amount owed for real estate taxes is based, for the most part, upon the assessed value of the property and the applicable tax rate. Legal challenges to the applicable tax rate are somewhat impractical and not all that successful. Therefore, to challenge and reduce your real estate tax bill we must turn to the assessed value of the property.

What Does Assessed Value Mean?

What is meant by the “assessed value” of the property? Assessed value is 1/3 of the “fair cash value”. Fair cash value is defined by law as “the amount for which a property can be sold in the due course of business and trade, not under duress, between a willing buyer and a willing seller.” Think of fair cash value as being the same as what is typically referred to as market value.

That takes us to the heart of the issue, how can you reduce your real estate taxes. Remember, you can’t contest the tax bill you just received. You can, however, begin preparing to contest next year’s taxes. Part of how you can prepare is by understanding the process.

Let’s Talk Tax Bill Process

Each year, from late summer to the late fall, assessments are mailed to taxpayers in Lake County. The assessment is printed on blue paper and is often referred to as the “blue sheet”.  Receipt of the blue sheet is crucial because Illinois law provides that challenges to the assessment must be filed within 30 days of the assessment being mailed to the taxpayer. This is why, when tax bills are received (which is when most people tend to be the most passionate about the amount they pay for taxes), it is not the time to act. Several months later, after the sting of receiving the tax bill has worn off, a strange, innocuous looking blue piece of paper is received in the mail. Countless times, the blue sheet is missed in the mail or disregarded, and thus, the opportunity to challenge the assessment of the property is missed.

How Can You Contest Your Taxes?

This year, we urge you to prepare well in advance to contest the assessment of your real estate. While the sting and the reality of your Lake County real estate tax bill is still fresh in mind, contact us to have us review your real estate tax situation.  This means you should make an appointment NOW.

What If You Don’t Win My Appeal?

If your property is correctly assessed, there’s no fee for our services. If we appeal your assessment, and we obtain a lower assessed value for your property, only then will you have a fee.  Our fees are 100% contingent upon successfully lowering the assessment and tax on your property.

You Need To Prepare NOW

Because you will have such a short window to contest your assessed value, it is best to have your case reviewed right now.  Then, when you receive your dreaded blue sheets, you will already have someone in your corner, fighting for you.  We are open for business right now.  We can talk with you and review your value via phone and by sending documents electronically.  Let’s see if we can save you money!  Contact us today at (847) 223-1500 to appeal your 2020 real estate taxes.

Estate planning & Will planning may be on everyone’s mind a bit more during this crisis.  The experienced lawyers at Churchill, Quinn, Richtman, & Hamilton are here for you as always.  We are ready to assist via phone at (847) 223-1500.

We’d like to share some information from a recently published article in the Chicago Tribune:

Legal services were deemed an essential service as part of Gov. J.B. Pritzker’s stay-at-home order, which means attorneys are still working during the coronavirus pandemic. An attorney in Homer Glen said his one-man firm is carrying on. Just this week, he had a couple come in to sign their will and while he said he’s not inundated with calls from prospective clients during this pandemic, he has seen an increase in calls.

“Last Saturday, I met with an elderly woman who lives with her daughters who both work in the health care services industry,” he said. “She was terrified that one of her daughters is going to contract it through one of the patients and bring it home. So, it was sort of a wake-up call to put her will in place.”

With more time behind closed doors, attorneys are saying estate planning “might be something that people want to turn their attention to” after figuring out how to get toilet paper and keeping their kids from driving them crazy while they’re working from home.

 

A recent survey by Caring.com, a caregiving resource, found that the number of American adults that have a will or another type of estate planning document has decreased by almost 25% since 2017 and the number of older and middle-aged adults with estate planning documents dropped by 20% and 25% since 2019, respectively. When asked why they have put off estate planning, many cite a lack of knowledge or the cost of tackling it as their main reason.

We’re all sitting at home, and we need things to occupy us, so it’s a great time to ask your attorney to send over copies of your current documents, update your financial statements, to help your attorney review your current plan.

An Evanston lawyer says he’s getting more calls from existing clients who may have been “dillydallying” about getting their wills completed, who are now calling him wanting to get them finished.

“The estate planning process is often one characterized by fits and starts, like somebody knows they have to do it, but for most people, it’s the last thing on their list because they’re off busy living, and not thinking about dying,” he said.

Hopefully, things like electronic witnessing and notarization will exist in Illinois soon. She said it wouldn’t surprise her if this becomes a permanent change that comes out of this pandemic.

Amid coronavirus concerns, people may be thinking about their mortality, but attorneys say don’t rush when getting it done.  Find a proper estate planner by going through an established firm.

According to wealth professionals like Robert Westley, vice president and wealth adviser at Northern Trust in the greater New York region, estate planning isn’t only about money. If you have assets that you want to go to certain people, you should create a document that specifies who gets what, Westley said. Specifically, for those with young children, a will is necessary because “it names the guardians of minor children, and you will want to ensure that you, and not the courts, are naming their guardians.”

Estate planning is something that people tend to put off, but a pandemic or a national disaster kind of wakes people up that they really need to get something in place.  Make sure you are deliberate and careful about it. Instead of just trying to do a DIY will, you really should meet with a professional.

Ready to give this planning a go? Here are some basic documents to consider:

• Will: A document that ensures assets are passed to designated beneficiaries, in accordance with your wishes. In the drafting process, you name an executor, the person or institution that oversees the distribution of your assets. If you have minor children, you need to name a guardian for them.
• Letter of instruction: This may contain appointment of someone who will ensure the proper disposition of your remains, which is important if you are choosing a method that is contrary to your family’s tradition.
• Power of attorney: Appointment of someone to act as your agent in a variety of circumstances, such as withdrawing money from a bank.
• Health care proxy: Appointment of someone to make health care decisions on your behalf if you lose the ability to do so.
• Trusts: Revocable (changeable) or irrevocable (not changeable) trusts may be useful, depending on family and tax situations. According to Bart, a will is effective only at death and has to go through probate (court proceedings). An advantage of a revocable trust is avoiding probate. “If I have a great amount of confidence in the people that I’m naming as successive trustees then I can simplify the whole process for them by using the revocable trust,” she said.

We hope you found the article excerpt useful.

As always, the trusted, local lawyers at Churchill, Quinn, Richtman, & Hamilton are here to help you through the process.  Whether you are looking to write a will, appoint a power of attorney, set up a trust, etc, you can count on the firm that has been in Grayslake for over 100 years.

If you have questions, we have answers – give one of our lawyers a call today at (847) 223-1500.

Source:  Chicagotribune

Keeping Families Protected for Generations

Churchill, Quinn, Richtman & Hamilton, Ltd has been a proud member, and supporter, of our local community families for over 100 years.  Call 847-223-1500 for your practical, personalized strategy to protect your assets and beneficiaries – now and in the future.

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