BUSINESS LAW INFORMATION
As we move into 2025, Illinois employers must be prepared for a series of significant changes in employment law. Illinois lawmakers were busy in 2024, enacting nine new laws that take effect on January 1, 2025.
Starting a business is thrilling and challenging, and choosing the right structure is crucial. Your decision impacts operations, personal liability, taxes, and flexibility. In this blog, we'll explore the advantages of Sole Proprietorships, LLCs, and Corporations to guide your decision-making toward your entrepreneurial goals.
In this blog, we'll explore the importance of succession planning for family-owned businesses, offering strategies that address both the legal and financial aspects of this crucial process.
Trademarks serve as valuable assets that distinguish your offerings from others in the market, ensuring that your hard work and creativity remain uniquely yours.
Starting and running a small business is an exciting venture, but it's important to navigate the legal aspects properly to protect your business and ensure compliance with applicable laws.
In today's competitive business landscape, establishing a strong brand identity is crucial for success. One of the most valuable assets you can have is a trademark.
Ideally, legal issues would be prevented through measured, proactive action. However, even the most diligent business owners or leaders can find themselves facing a serious legal issue. Some of the most common legal issues involving small and medium-sized businesses include contract disputes, intellectual property issues, employment law compliance, and regulatory problems.
If you own a business, at some point, you’ve probably considered contacting a lawyer. Upsets with business partners, sales, or a rogue employee or client can quickly escalate from a small disagreement to a massive legal issue. But how do you know when it’s time to contact a lawyer?
If you’re starting a business, it’s important to know what type of entity you want your business to be. That’s because the structure of your new business has ramifications on your taxes, legal protections, and benefits. In this post, we’ll look at the most common types of businesses so you can determine which business legal structure is right for you.
If you are a new business owner in Illinois, one of your first steps will be determining which type of business formation you want for your business. The formation you choose will serve as the blueprint for your business and will have a significant impact on all future dealings and transactions, so it is important to choose wisely.
Whether due to a sudden illness, an unexpected hospitalization, or other urgent situations, it's important to know what essential documents should be in place and how an attorney can help ensure a smooth transition for your loved ones.
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Understanding the difference between an heir and a beneficiary can help you navigate estate planning more effectively and ensure that your wishes are carried out properly.
Estate planning is about more than just dividing assets; it’s about making sure your wishes are honored when it comes to your health, finances, and legacy.
Beyond understanding the medical aspects, there are critical legal steps you should take to safeguard your rights, clarify your wishes, and prepare for any unexpected situations.
Estate planning is a sensitive and complex process that often involves difficult decisions. One of the most challenging choices parents may face is whether to leave their children unequal inheritances.
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In this blog, we’ll break down inheritance and estate taxes in Illinois and Missouri, helping you understand what to expect and how to plan accordingly.
At our firm, we emphasize the importance of proper trust funding. This crucial step ensures that your trust will work for you and your loved ones when you need it most.
Estate planning often feels like an overwhelming task, conjuring images of endless paperwork, difficult decisions, and tough conversations. It’s a process that involves contemplating the future—sometimes in ways that are deeply personal and emotionally taxing.
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