As you work on your last will and testament in Illinois, you may have already included your pet. Instructions such as what kind of food to give it, who should care for it and when it should be taken to the vet are all important. But once the probate process is over...
Comprehensive knowledge of business law is the key for entrepreneurs to explore opportunities to grow their enterprises. Insight into Illinois and federal statutes – specifically antitrust laws – can not only be a path to significant success. It can help them survive...
If you own a family farm, you have likely put a lot of thought into who will take over your operation. If you do not yet have an estate plan, you have the opportunity to create smart succession strategies that preserve your life's investment. Review these estate...
Given the frequent use of digital online accounts in modern society, it is likely you have an email account, a social media account and perhaps an online banking account. These assets are valuable to you, which is why you should consider what might happen if you were...
The use of a trust can benefit both you and your family, providing money for you if you suffer incapacitation, allowing your assets to avoid probate, and providing your children money and property while cutting down on estate taxes. However, creating a trust is just...
If you have a business idea, you may wish to act on it right away so you can start generating profit. However, before you do, you must form a legal entity. Of the various types of business entities you can form, a limited liability company and sole proprietorship are...
Illinois business owners like you get to enjoy the boons of having a business. Unfortunately, you must also handle the downsides, like the possibility of contract disputes. You must also handle the logistics tied to a dispute. How do you get out of it? Can you...
Workers’ compensation laws vary from state to state, with many jurisdictions only requiring employers to carry coverage if they employ 50 or more workers. Whether you currently own and operate a business in Illinois or you plan to form one, you should understand your...
Business succession planning is crucial for every business owner. Whether you want to retire soon or want to make sure your company lives on after your death, you should plan now to secure your legacy. In owning your business, you have created something unique. With...
Regardless of a company's size, leaders need to keep their businesses in check. If they fail to do so, it could get them in serious trouble. At some point in a company's life cycle, it will likely face one or several lawsuits. According to a recent report, 90% of...
