Recent Blog Posts
Why Do I Need an Attorney at My Illinois Commercial Real Estate Closing?
If you’re planning to invest in commercial real estate, either for your business or as an investment, you know the significant capital that is required and the potential risks that you may be undertaking. While commercial real estate investments are often reliable and can be low-risk, it is important that you approach these investments… Read More »
Stay in Change to Overtime Regulation Leaves Employers Confused
As many Illinois employers and employees have heard in the media, earlier this year the U.S. Department of Labor revised its regulations that increased the base amount an employee must earn each week to be classified as an exempt employee. The revised overtime regulations were slated to become effective on December 1, 2016. However,… Read More »
Cook County Workers Have Right to Sick Leave Expanded
Lawmakers in Chicago, Cook County, and the state of Illinois have passed several laws and ordinances which will affect employees’ rights to sick leave across the state. Be sure you’re prepared for these changes to the law in the new year, and speak to an employment attorney today about getting your sick leave policies… Read More »
IRS Establishes New Notice Requirements for 501(c)(4)
A 501(c)(4) organization is either a social welfare organization, or certain employee organizations. While 501(c)(4) organizations are tax exempt, donations to 501(c)(4) organizations are not tax-deductible to the contributor, unless they otherwise qualify as a deductible expense (such as an advertising or business expense). Many 501(c)(4) organizations are involved in lobbying to support their… Read More »
What Political Activities Are Allowed for Nonprofits?
It’s election season, and this cycle has provided a particularly compelling race. If you operate a nonprofit organization, you may be interested in having your organization provide information on state or local candidates or issues relevant to your cause or to the lives of community members. If you’re a tax-exempt organization under §501(c)(3) of… Read More »
Lease Review and Negotiation in Commercial Real Estate
Our commercial real estate attorneys understand the importance of quickly securing office or business space for our clients in a fast moving and competitive business environment. As a business owner, you know how critical it is to find the right location for your business. You also understand the need to control rents and expenses… Read More »
Department of Labor Introduces New Overtime Regulations
On May 16, 2016, the U.S. Department of Labor issued final regulations relating to the base weekly salary and annual pay certain classes of workers must receive to qualify for the exemption from overtime pay. Effective December 1, 2016, the base weekly salary has been raised from $455 per week ($23,660 per year) to… Read More »
Estate Planning Strategies to Minimize Taxes and Expenses Your Beneficiaries Pay
No one likes to think about the end of his or her life. However, we all need to take the time to prepare for the day that we pass away, because if we do not, the loved ones we leave behind could be left to deal with financial difficulties unnecessarily. One of the things… Read More »
SCOTUS Denies Appeal in Illinois Pre-Embryo Implantation Case
An Important Decision on Assisted Reproductive Technology The Supreme Court of the United States recently rejected an appeal regarding the use of pre-embryos where the biological parents disagreed, meaning the lower court order will stand. The case is Scarfranski v. Dunston, 933 N.E.2d (App.Ct.Ill. June 18, 2013), and it was an issue of first… Read More »
Since Prince Died Without a Will, What Happens to His Estate?
While the world is still reeling from the sudden and tragic death of musical and cultural icon Prince last month, because he may have died without a will, the fate of his massive estate has become a source of great controversy. How Prince Died Without a Will According to a Chicago Tribune article, Prince… Read More »