Godfrey Illinois Law Blog
Does your estate include a small business?
As an entrepreneur and small business owner in Illinois, you may feel that creating an estate plan will be a difficult task, and therefore, you continue to postpone the day when you sit down to take care of it. You are not alone in this. According to Fundera, only 70%...
Should you join a class action lawsuit?
You have probably received something in the mail about a class action lawsuit in Illinois. These notices often tell you about a lawsuit filed on your behalf and on the behalf of every customer of a business that was wronged in some way by that company. You often have...
How do you choose the right structure for your business?
As an entrepreneur in Illinois, you know that taking care of all the legal and administrative aspects of your business is often time-consuming. Along with bringing in clients and creating invoices, you also need to make sure you pay taxes and register your business...
Taking the stress out of creating your estate plan
Planning for your life way down the road may initially seem like a daunting task. However, your efforts to be proactive about making arrangements for the years when you begin to age and may become incapacitated can save you a whole lot of stress in the future. At...
Tips when facing an IRS audit
No business owner wants to receive a tax audit notice in the mail. However, the proper preparation and advice can relieve some of the stress that comes from facing IRS scrutiny. When you learn your business faces an audit, try these four tips to help the process go as...
Should I seek guardianship of my parent?
Perhaps you recently noticed that your mom has been forgetting to cook meals for herself, or maybe the power at your dad’s house was shut off the last time you visited him. Maybe you are not even sure what you noticed, but you worry about your parent’s ability to make...
Proposed Illinois law unfairly applies to small businesses
It is reasonable for consumers in Illinois to desire greater privacy protections and transparency when it comes to how businesses collect and use their personal information. Yet privacy should not come at the unfair expense of small businesses. Illinois House Bill...
Understanding the Offer in Compromise
If you are like many residents in Illinois, you may find yourself facing a large federal income tax bill that you are not able to pay in full by April 15. In situations like this, it is important to understand your options in order to avoid amassing a high level of...
The purpose of a well-written real estate contract
Real estate can be a tricky business, especially for people in Illinois who are unfamiliar with how buying and selling property typically goes. Because there are so many unique contingencies based on each buyer's varying circumstances, it is critical that people take...
Using strategy to secure rewarding business contracts
Some of the most rewarding parts of operating your company in Illinois will be the invaluable opportunities you have to network with and form agreements with other successful entities that may enable you to access an entirely new level of success. Developing contracts...
