Author Archives: Site Administrator
The Insurance Company Denied My Claim…Now What?
Insurance policies offer business owners peace of mind that if the unexpected happens, the business will be able to recover and move forward. But what if you file an insurance claim and the insurance company denies it? How do you move forward if you cannot get the reimbursement you need? What options do you… Read More »
Choosing an Insurance Policy for Your Business
Buying insurance for a business or nonprofit organization can be tricky. You have to consider what types of insurance are necessary, levels of coverage, which insurance company will best serve your business’s needs and what your business can afford. An experienced Hoffman Estates attorney helps business owners and nonprofit directors tackle insurance issues such… Read More »
Steps for Dissolving a Business Partnership
Sometimes business partners no longer want to work together. Perhaps they are involved in a dispute, maybe one of them wants to try a new business venture or is ready to retire, or maybe the business just is not what either partner imagined it would be. Although state law governs partnership dissolution, there are… Read More »
Should I Incorporate?
When people decide to start a business, they must determine what type of legal structure best suits their needs. Will it be a sole proprietorship? A partnership? Perhaps it should be a corporation or a limited liability company (LLC)? Maybe it is a nonprofit or cooperative? A Hoffman Estates attorney with experience in business… Read More »
Understanding Illinois Probate Laws
Probate is the process of settling a decedent’s estate in court. Probate laws vary by state, and where you will need to file a probate action depends on the decedent’s residence at the time of his or her death and the location of his or her real property. An experienced Des Plaines attorney can… Read More »
What Is a Living Trust?
A revocable living trust, established by a trust agreement, functions as a holding place for your real and/or personal property while you are still living, so that after you die, those assets can be distributed to your beneficiaries through the trust. Trust assets might include your home or other real property, bank accounts, stocks… Read More »
Questions to Consider When Preparing a Will: Property Bequests
When you decide to create a final will and testament, you will be asked to consider several questions to aid your attorney in the preparation of your will. You may also find yourself reconsidering these questions if you decide to change your will at a later date. To ensure your estate planning process goes… Read More »
Dealing with Breach of Contract
The days of the “handshake deal” where people conducted business relying solely on the honor and reputation of the other party are long gone. Every day, businesses engage in activity that involves contractual obligations, even if they have not specifically negotiated a written agreement with another party. The contract is the engine that drives… Read More »
Trusts vs. Wills: Pros and Cons of Each
While no one wants to prepare for his own demise, if you have considerable property or even just a few valuable things, setting up a plan to dispose of your assets after your death is important. You have several estate planning options available to you, but the most common are wills and trusts. Our… Read More »
Why Employee Handbooks are Important
Employee handbooks should be a staple to any business, whether the business is an international corporate conglomerate or a small business with only a few employees. While a small business may see no need for an employee handbook, many reasons to have such a handbook exist, particularly if a small business owner intends to… Read More »