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NEW ILLINOIS LAW PROHIBITS CHARGING WOMEN MORE THAN MEN FOR THE SAME SERVICES

ManWOMANUnder a new Illinois law, certain service providers will no longer be able to charge women more for the same services that men receive. The legislation is intended to increase transparency in pricing

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LLC Asset Protection Under Illinois Law

Illinois now has joined such states as Nevada by amending the Illinois Limited Liability Company Act (the “Act”) to provide further protection to members of an LLC, as well as to the assets of the

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Renunciation of Will by Surviving Spouse

Illinois law allows a surviving spouse to renounce the Will of a spouse by filing a written instrument of renunciation within seven months of the admission of the Will to probate. The effect of the

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Connecting On Social Media: Do Invitations To Connect Violate A Covenant Not To Compete?

Illinois is a relatively employee-friendly state when it comes to the enforcement of covenants not to compete. This friendliness was exemplified in a decision by an Illinois appellate panel which held

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ESTATE PLANNING FOR DISABLED PERSONS

Most people are under the impression that a mentally incompetent person is incapable of creating a will and/or trust. In fact, under Illinois statutory and case law, a disabled, incompetent person is

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FINAL REGULATIONS DEFINING MARITAL STATUS TERMS ISSUED

The IRS has released final regulations that reflect the holdings of Obergefell v. Hodges, a 5-4 decision of the United States Supreme Court, which declared that same sex couples are guaranteed

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DON’T LET THE TAIL WAG THE DOG: Wills and Trusts Are Still Necessary

Due to the surprising victory of Donald Trump and the success of the Republican party in the November election, many people may have come to the conclusion that they can put their efforts at establishing

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DURABLE POWERS OF ATTORNEY FOR PROPERTY: Uses and Abuses

Power of Attorney for Property Blog

A Durable power of attorney for property (POAFP) is a very useful and essential financial and estate planning device. Such powers allow a trusted individual to handle a myriad of financial transactions

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WHY A TRUST – SECOND IN A SERIES

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A living trust, unlike a will standing alone, allows individuals to maintain confidentiality as to their assets as well as the provisions concerning the disposition thereof, during their lifetime and

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WHY A TRUST – FIRST IN A SERIES ANSWER NO. 1

Chicago Estate Planning Lawyer

I have been asked many times: “Why do I need a trust?”  There are many reasons to set up a trust during your lifetime. Answer Number 1, which is probably the most common, but not necessarily the

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