The Law Offices of Alan E. Sohn Chartered

Call Now for a Personalized Case Evaluation

(312) 815-7778

The Law Offices of Alan E. Sohn Chartered

Blogs

  • By: Alan E. Sohn
  • Published: October 23, 2017

Under 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 and expose gender – based price discrimination. The law requires hair salons, barbers, dry cleaners and tailors to provide customers with a price list for services upon…Read More

  • By: Alan E. Sohn
  • Published: October 18, 2017

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 that an invitation to former colleagues of his prior employer to connect on LinkedIn did not violate a non-solicitation agreement with his former employer which prohibited him from “inducing”…Read More

  • By: Alan E. Sohn
  • Published: October 18, 2017

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 renunciation is to entitle the surviving spouse to receive one-third of the decedent’s probate estate, if the testator leaves a descendant, or one-half if the…Read More

  • By: Alan E. Sohn
  • Published: October 18, 2017

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 LLC, from a member’s judgment creditor. The amendment provides that a charging order is the exclusive remedy of a judgment creditor seeking to enforce and…Read More

  • By: Alan E. Sohn
  • Published: March 22, 2017

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 or updating their estate plans further back on the back burner for the reason that Republican control of the executive branch and Congress will spell…Read More

  • By: Alan E. Sohn
  • Published: March 22, 2017

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 the right to marry by both the Due Process Clause and the Equal Protection Clause of the Fourteenth Amendment. The regulations define terms in the Internal Revenue Code describing…Read More

  • By: Alan E. Sohn
  • Published: March 22, 2017

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 capable of establishing an estate plan through a surrogate decision maker and with the approval of the probate court. A recent Illinois appellate court decision confirmed this principle.…Read More

  • By: Alan E. Sohn
  • Published: January 19, 2017

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 for the creator of the POAFP. A POAFP can be effective from the moment of its execution, or from the time the creator becomes incapacitated. Whether to use…Read More

  • By: Alan E. Sohn
  • Published: December 21, 2016

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 after their death. In addition, if a person becomes mentally incapacitated, a living trust will provide for a smooth transition to a successor trustee of one’s choice, and will not…Read More

  • By: Alan E. Sohn
  • Published: November 30, 2016

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 most important reason given, is that it can achieve the result of avoiding probate. Many people have a “fear” of probate because of…Read More

Page 1 of 4:1234»