Law Blog
Eric Wilen Quoted in Illinois Bar Journal
In November, Eric Wilen was a co-panelist on a Speaker Panel for a seminar presentation to members of the Illinois State Bar Association Trust and Estates Section. Eric and his co-panelists from the legal department of CIBC Bank USA presented on the topic of “Why...
Property Ownership for Couples
In any relationship where the parties intend to jointly own or use property, legal advice is recommended to ensure that their intentions are clear and enforceable during their relationship and at its end by death or otherwise. Proper planning not only provides peace...
April Business Bytes
This month’s Business Bytes highlights distressed debtors, patent primers and privacy law. Debtor Distress. Sophisticated lenders know what steps to take if they suspect their borrowers are in financial distress and may default. For less sophisticated lenders...
March Business Bytes
This month’s Business Bytes highlights elder assistance, auto insurance and estate/gift tax exemptions. Assisting An Elder. When it’s time to assist elderly relatives with their finances, the two simple legal options are a Power of Attorney or a Guardianship....
Special Needs Trust
Access to many of the government and charity funded programs for children and adults with special physical, emotional, or intellectual needs may only provide those benefits to persons on a financial need basis, and their receipt of gifts and inheritances could...
The Importance of Standard Contract Terms
While the unique and complex provisions of contracts are generally the focus of concern, discussion and negotiation, drafters also need to pay attention to the more mundane and standard terms that every contract needs. If enforcement or interpretation is needed in the...
What to do if Sued
Being served with a summons, subpoena, citation, claim, notice, lien or lawsuit is never good, but they cannot be ignored. As quick action is usually required, you should be prepared. Some initial steps in response to receiving one of these documents include: Stay...
February Business Bytes
This month’s Business Bytes highlights employment guide, temporary worker protections and employee retirement savings. Employment Guide. Employment laws, rules and regulations are at best confusing and often conflicting. It is also difficult to find a...
Eric Wilen Joins Presentation to DuPage County Estate Planning Council
Eric Wilen joined two other esteemed estate planning attorneys and presented a 3-hour workshop to members and guests of the DuPage County Estate Planning Council. The workshop was presented to members of the local estate planning community with a theme of knowing the...
New Illinois Business Laws
With over 300 new laws taking effect January 1, 2024, some that could have a substantial impact on your business include: The Federal Corporate Transparency Act requires a business to file with the Financial Crimes Enforcement Network. New criminal penalties for...
