Business Briefs
Buying/Selling Intellectual Property
An increasingly valuable asset for many businesses is its intellectual property. Intellectual property can include trade secrets, patents, trademarks, copyrights, codes, formulas, and licenses for and to use all of the foregoing. Unlike tangible assets that you can...
Special Needs Trust
A Special Needs Trust can be established for a person with disabilities from birth, afflicted thereafter, or resulting from an injury in order to provide for supplemental needs without forfeiting benefits provided by Social Security, Medicaid or other sources that may...
Employee Pensions
Like programs in many other states, the Illinois Secure Choice Program mandates all employers to register with the Illinois Secure Choice Program that provides a retirement savings plan to employees without one. Employers must register and participate or claim an...
What to Do When Served with a Suit
Most lawsuits begin with the personal service by a Sheriff or by private process server handing to each defendant (the party being sued) or a member of the defendant’s household a summons (notice to appear in court) and a complaint (document alleging wrongful conduct...
The Benefits of Planning
Increasingly rapid changes in our economic life emphasizes the need to work with your lawyer and other professionals to create financial plans that protect your assets, maximize their potential value, and provide for efficient transfers. This is no longer merely...
Home Co-Ownership
Recent home sales show that 15% of homes were purchased by non-married, non-related adults, and the trend is increasing. For unmarried co-owners, even inter-generational relatives, a written agreement is highly recommended that address the following questions: Purpose...
Employment Law Checkup
Every year new federal, state, and local employment laws are enacted and existing ones updated. While the list from 2025 is substantial, and often local or industry specific, some of the major employment issues to be aware of include: Compensation Transparency. Wage...
Preserving a Family-Owned Business
A business you create with or for your family can be a legacy for generations to follow. But preserving this legacy in light of an expanding family and the addition of new generations takes planning and sometimes difficult decisions to avoid its breakup and family...
Business Interruption Claims
Hurricanes, floods, and other extreme weather conditions can cause substantial damage to businesses and their property. If you had property damage and business interruption insurance for such situations, both usually sold in commercial insurance policies, you still...
Business Disaster Insurance
All business owners should be prepared for a disaster, whether it’s physical, economic, legal, or personal. Besides preparing a disaster action plan, many businesses also acquire various insurance policies to address the harm a natural or other disaster can cause a...
