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The Will Planning Topic You NEED to Discuss: How Much to Share With Your Kids

By |2020-03-13T17:56:46-05:00March 13th, 2020|Blog, Estate Planning|

Talking to Your Parents and Kids About Money In many families, money still is not an accepted or typical dinner table discussion. Surprisingly, this is especially true when it comes to affluent parents. We hope to change the conversation, because one of the most important things you can do is talk to your kids (and [...]

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Business Succession Planning Helps Sell Your Business for What it’s Worth

By |2020-02-24T09:18:20-05:00February 13th, 2020|Blog, Business Law|

Maximize the Value of Your Business  It’s anticipated that during the next two decades, retiring business owners will sell over twelve million businesses.  So, if you are over the age of forty and your business is the main asset of your life’s work, it’s important to preserve your legacy. This is especially true when it [...]

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Kobe Bryant’s Family Will Get Trusted Support When It Needs It – What About Your Family?

By |2020-02-12T17:13:50-05:00February 10th, 2020|Blog, Estate Planning|

Will Your Family Receive the Trusted Estate Planning Help it Needs? Since Kobe’s wife, Vanessa, survives him (and it’s been widely reported that they married without a prenuptial agreement), it is most likely that she will inherit everything. And due to the “spousal exemption,” those assets will pass [...]

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Kobe Bryant’s Untimely Death Highlights the Vital Need for Estate Planning at All Ages

By |2020-02-05T14:05:56-05:00February 4th, 2020|Blog, Estate Planning|

Kobe Bryant’s Untimely Death Highlights the Vital Need for Estate Planning at All Ages. You have likely already heard that on January 26, 2020, basketball legend Kobe Bryant was killed in a helicopter crash in Los Angeles, California. Also killed in the tragic accident was his 13-year-old daughter, Gianna, and seven other passengers, who were [...]

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A Request for Leave of Two Months is “Too Much” to be Considered as a Reasonable Accommodation Under the ADA in Illinois and Wisconsin.

By |2018-12-10T06:21:54-05:00December 10th, 2018|ADA, Blog, Employment Law|

In Severson v. Heartland Woodcraft, the Seventh Circuit Court of Appeals provided clear guidance that a request for leave of two months or more is “too much” to be considered as a reasonable accommodation under the ADA under any circumstances. Employers often deal with situations in which an employee is temporarily unable to work as [...]

WHERE TO KEEP YOUR IMPORTANT DOCUMENTS?

By |2018-06-19T05:26:20-05:00June 19th, 2018|Estate Planning, Small Business, Tips|

Our clients often ask us where to keep their important documents, such as estate planning documents (wills, trusts, and powers of appointment), insurance policies, contracts, and other important financial documents.  The answer to this question often depends on how quickly you need to gain access to such documents.  For instance, without the requisite power [...]

Illinois Reduces Its Limited Liability Companies’ Filing and Reporting Fees

By |2018-06-19T04:47:24-05:00December 22nd, 2017|Business Law, Small Business|

Good news!  On December 20th, the Illinois Governor Bruce Rauner signed SB 867 into law, reducing Illinois' excessive limited liability company's (LLCs) filing and maintenance fees. This law went into effect immediately upon signing, i.e. December 20, 2017. Although Illinois has a long way to go to make this state attractive for small businesses [...]

When was the last time you talked to your parents about their estate planning needs?

By |2017-12-15T21:14:05-05:00November 20th, 2017|Estate Planning, Small Business, Uncategorized|

The holidays are quickly approaching and many of you will have a chance to see your parents and, for some of you, your grandparents.  This would be an excellent opportunity to discuss your parents’ future and estate planning needs among the loved ones.  Yet, discussing the retirement plans and estate planning needs with your [...]

How Well Are You Prepared to Manage Your Business Risks?

By |2017-11-20T19:39:59-05:00November 19th, 2017|Estate Planning, Small Business, Uncategorized|

Every small business owner is faced with various business risks, whether related to an injury, theft, damage to property, employee discrimination claims, or liability suits.  As much as you plan for success, as a business owner, you must have these risks on your radar.  You should be prepared if and when they materialize. What [...]

FOUR EASY STEPS TO PRESERVE YOUR LEGACY

By |2017-11-15T07:26:25-05:00September 8th, 2017|Blog, Estate Planning|

When was the last time you asked yourself - “what would happen if I die or become incapacitated”?  Have you asked yourself - “will my children be protected or will my family be able to easily take over my financial affairs?”  “Will my ex-husband or wife be awarded the sole custody of my children [...]