Business Planning

When a business partner dies, the consequences can be immediate and severe. Grieving families, creditors, and co-owners may conflict over continuing the business. Illinois business owners need to understand the law and their options. An experienced business attorney can help explain the planning tools available to partners that should ensure a smooth transition rather than…

As a business owner, you’ve spent years focused on growing your enterprise. Unless you have a specific business structure like an LLC and completed succession planning, consequences of dying can be costly and chaotic for your family. An experienced attorney with knowledge of Illinois estate planning and probate laws can help describe the fate of…

The transition from building a business to enjoying retirement is a major milestone  requiring planning and careful execution. Adding succession planning, business valuation, tax strategy, and estate planning significantly to one’s tasks is necessary. An experienced estate planning attorney is the right choice for an impartial sounding board and knowledgeable expert when approaching these hurdles….

A family business is something you work hard to build. For many people, it’s their life’s purpose. Protecting that legacy is critical, but without the ability to see into the future, it’s best to plan for anything. That’s why succession planning is important: because you can’t always predict what will happen. A trusted business attorney…