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What Is a Step-Up in Basis and Why Could It Save Your Family Thousands?

What Is a Step-Up in Basis and Why Could It Save Your Family Thousands?

by Michelle Williams | Jun 9, 2026 | Homeowner Guidance

When a parent passes away, most families are not thinking about taxes. They are focused on funeral arrangements, legal paperwork, family conversations, and figuring out what comes next. Then someone asks a question that often catches everyone off guard: “What...
The Conversation Adult Children Are Afraid to Have With Their Parents

The Conversation Adult Children Are Afraid to Have With Their Parents

by Michelle Williams | Jun 8, 2026 | Homeowner Guidance

There is a conversation happening in kitchens and living rooms across Chicago and the South Suburbs right now. Sometimes it starts with a phone call nobody was ready for. Sometimes it begins with a quiet observation during a Sunday visit, the house looks a little less...
10 Things People Never Expected to Love About Their Smaller Home

10 Things People Never Expected to Love About Their Smaller Home

by Michelle Williams | Jun 6, 2026 | Homeowner Guidance

Ask anyone who has downsized in Chicago and the surrounding suburbs what surprised them most, and the answers are rarely what you would expect. Most people go into the process focused on what they are giving up. The extra bedroom, the big backyard, the dining room...
What Is Adjusted Cost Basis and Why Does It Matter When You Sell?

What Is Adjusted Cost Basis and Why Does It Matter When You Sell?

by Michelle Williams | Jun 5, 2026 | Homeowner Guidance

Most homeowners in the South Suburbs know roughly what they paid for their home. Very few know their adjusted cost basis. That gap matters. When you sell, the IRS does not tax what you receive. It taxes what you gained. For anyone planning a South Suburbs home sale...
10 Questions to Ask Yourself Before You Plan Your Next Chapter

10 Questions to Ask Yourself Before You Plan Your Next Chapter

by Michelle Williams | Jun 4, 2026 | Homeowner Guidance

Most people spend more time planning a holiday than they spend planning the next decade of their life. That is not a criticism. It is simply how life works. The urgent always pushes out the important. However, for homeowners over 50 in Chicago and the South Suburbs,...
The Inherited Home: Three Families Three Very Different Outcomes

The Inherited Home: Three Families Three Very Different Outcomes

by Michelle Williams | Jun 4, 2026 | Homeowner Guidance

Nobody really prepares you for the moment a home becomes yours through loss. One day, it belongs to your parents. Then, after a phone call or a quiet afternoon in a solicitor’s office, it belongs to you, or to you and your siblings, which can feel like an...
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Licensed Illinois Real Estate Broker | Brokered by LPT Realty

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