Is it Time to Sell Your Company?

business lawyer

Many people start companies planning to grow their business indefinitely. However, there are situations in which it may be the best idea to sell the company to the highest bidder and start down a new path. Selling your business can be a complicated though lucrative venture, and you should discuss your options with a business lawyer in Illinois before…

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Do You Need a Lawyer for a Car Accident Insurance Claim?

car accident insurance claim

The aftermath of a car accident can be stressful, as medical bills pile up and you lose income from missing work. You might know that you should file a car accident insurance claim with the at-fault driver’s insurance company, though you may wonder whether you need to talk to an attorney first. Insurance claims should be straightforward, so you…

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Getting Divorced? Address Your Estate Plan Today

Divorce can bring about many changes in your life. While you are adjusting to many changes, you should also address any changes that need to be made to your estate plan. When you were married, you likely intended for your spouse to receive the majority – if not all – of your assets and property. Usually, after a divorce,…

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Are You Considering Bankruptcy in the New Year?

As the end of the year approaches, many of us are making New Year’s resolutions, including losing weight or saving more money. For people struggling with overwhelming debt, one resolution may be to finally take control by filing for bankruptcy. If you are thinking about bankruptcy as a possible debt relief solution, you should consult with an experienced consumer…

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Could You Benefit From Business Bankruptcy?

It’s not something that any entrepreneur probably thinks about as they build their first enterprise: the thought of filing for business bankruptcy. And yet, thousands of businesses, large and small, take this route to get a financial fresh start. While it’s great to have optimism and enthusiasm for the future of your business, it’s also important to know that…

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Get These Documents in Order Before Your Child Goes Away to College

There are three important legal documents that parents should have in place before their college student leaves for or returns to school. Once a person reaches the age of majority, his or her parents are no longer entitled to access medical records, financial information, or make decisions on their child’s behalf.

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5 Red Flags that Indicate a Problem with Your Estate Plan

Although it is easy to consider an estate plan a sealed deal once it is completed, one that has not been updated in a while may need to be reviewed for red flags that might indicate it’s out of whack. A plan that is not updated to reflect family and life changes, current laws, or newly acquired assets can…

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Debt Is Piling Up: Will Americans Make It Out Alive?

About 68% of Americans wonder whether they will ever become debt-free, and while debt from credit cards, mortgages, medical bills and even student loans continues to pile up, a few simple strategies can help consumers make it out of debt alive.

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Careful Estate Planning Can Help You Qualify for Medicaid

Careful estate planning can help older or disabled individuals obtain eligibility for Medicaid without depleting their assets, preserving some or all of their wealth while helping them avoid penalties. While the creation of trusts is an attractive solution for many Medicaid applicants, only certain types of trusts are effective for avoiding asset limits, and specific rules apply.

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