What should I consider in my succession plan and asset protection strategies?
There are a number of rules and regulations to consider in succession planning, but more importantly life events should be considered. For example, if you have a child with a disability, then a...
View ArticleBuying a privately or family owned business? What should I know and who...
Buying private or family owned businesses can be a tricky proposition. Often the business is operated differently than publicly owned and operated businesses. The private or family owned business is...
View ArticleSelling your Business and Avoiding Seller’s Remorse–Preparation is key!
Are you thinking about selling your business? The more prepared you become, the better the chances of ensuring a successful outcome. First of all, make sure you are ready to sell. Selling your...
View ArticleUnderstanding the value corporate planning, business and finance strategy,...
Many lawyers make the mistake of not taking a comprehensive look at a client’s corporate, business, legal and tax strategies. This may require a little more time understanding the clients’ business,...
View ArticleMany Privately Held Businesses or Companies can benefit from the risk...
Fortune 500 companies are good at developing intellectual property portfolios, developing operational efficiencies, looking for synergies in business practices, products and services. In fact, many...
View ArticleThe Disadvantage of court approved settlements: cannot be sealed and are a...
For every litigation filed, the hope of both parties is to resolve the dispute. Increasingly the most efficient way to resolve business disputes is for both parties to enter into court-led settlement...
View ArticleDoes the Worker’s Compensation Act Cover Employees that are Traveling to Work?
In 2006, Gerald Daugherty of Springfield, IL, was injured in a car accident on his way to work. Venture Newberg-Perini v. Ill. Workers’ Comp. Cmm’n., 2013 IL 115728 (2013). Daugherty was awarded...
View ArticleIL Employee Classification Act for Real Estate Companies and Investors in the...
One of the biggest challenges for individuals working in the Construction industry is figuring out how to classify workers as independent contractors or employees. The number of projects that an...
View ArticlePrivately Held Business Owners Must Keep Track of The Timing of Transfer of...
A business owner is not responsible for the fraudulent transfer of assets by a Creditor. It is something that is rarely considered, but a creditor can assign or transfer a receivable to another...
View ArticleWhat is it like reprensenting privately held and family owned businesses?...
Representing family owned businesses and privately held businesses is an opportunity to work with very good hard working decent honest folks. The family owned businesses and privately held businesses...
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