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Choose the right business structure to start strong
Feb 19, 2020

Choose the right business structure to start strong

If you’re starting a business for the first time, one thing you’ll need to decide on is the kind of business you want to run. Will you have a sole proprietorship? Do you want to open a corporation? The kind of business you set up…

Estate planning steps that minimize your death taxes
Nov 18, 2019

Estate planning steps that minimize your death taxes

Wealth and a network of loved ones can each take a lifetime to build, but the government can drastically affect both in a matter of seconds after you die. If you don’t plan ahead for the potential impact of estate taxes, the people and causes…

How to choose the right partner for your new business
Aug 20, 2019

How to choose the right partner for your new business

Some people opt to start a business alone, while others seek a partner to take the journey with them. While there is no right or wrong approach, you must be familiar with the pros and cons of each option. If you decide that a partnership…

Your out-of-state vacation home can complicate probate
Jun 25, 2019

Your out-of-state vacation home can complicate probate

Many families have the goal of one day owning property in another state. Some families dream of a rustic cabin on a lake, while other families desire a vacation home somewhere warm. If you have made your family’s dream a reality, you may have some…

It is important to choose the right legal form for your business
Mar 19, 2019

It is important to choose the right legal form for your business

Deciding on the legal structure is one of the most important decisions you will make when starting a business. You will probably decide on the legal structure early in the business formation process. However, your choice will have long-term impacts on the amount of taxes…

Illinois is broke, so be alert to new taxes
Feb 20, 2019

Illinois is broke, so be alert to new taxes

As most of my clients that have heard me speak over the last 20 years can attest, I have been known to say, “Illinois is broke, so be alert to new taxes.” One fact I have mentioned on several occasions is that Illinois does not…

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