Godfrey Illinois Law Blog
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...
read moreUnderstanding 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...
read moreThe 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...
read moreUsing 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...
read moreWhat steps must you take to dissolve your business?
There are many different reasons you may have to dissolve a business in Illinois. Regardless of your rationale, however, there are certain steps you have to take when shutting down a corporation, limited liability company or partnership. The following is not an...
read moreHow to avoid common financial powers of attorney problems
A financial power of attorney can be a very beneficial component of an estate plan. However, it is important to be aware of some problems other people have experienced with their power of attorney documents, so you can avoid those common problems. Act early One...
read moreDetailing Illinois’ guidelines for intestate succession
Godfrey residents are counseled to create a will early on in their lives. However, even with this advice in place, many fail to see to their estate planning. Indeed, according to information shared by the American Association of Retired Persons, only 4 in 10 American...
read moreIllinois relies on small businesses, treats them poorly
According to Illinois Policy, businesses with less than 50 employees created the vast majority of new jobs in the state of Illinois, accounting for 83 percent of new job growth in 2017. In fact, small businesses, which generated nearly 130,000 new jobs between 2011...
read moreReviewing an estate plan is crucial to optimize effectiveness
Estate planning is a time-consuming process for many people in Illinois who carefully analyze several areas of their life to identify where clarifications need to be made that will allow their surviving family members to know how to distribute their estate....
read moreWhat terms should you be aware of in a real estate contract?
You are preparing to buy a property in Illinois and are anticipating signing a contract reasonably soon. Now, you are wondering if there are specific terms that you should better understand before you sit down with the contract in front of you. Familiarizing yourself...
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