Even though modern medicine offers many ways to treat disease, some medical conditions are both chronic and progressive. If your loved one has Alzheimer’s disease, ALS, diabetes or any other serious ailment, he or she may not be able either to work or to support...
You have probably composed a long term plan for someone to succeed you as the owner or manager of your business. Unfortunately, not all business owners enjoy a smooth transition into retirement. A sudden event like an accident may deprive you of the ability to carry...
If you are in the middle of setting up an estate plan, or if you are in charge of a loved one's estate and they recently passed away, there are many issues you need to take into account. However, it is important to review issues related to estate taxes, such as filing...
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...
