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New Restrictions on Non-Compete Employment Contracts

Illinois continues to be an employee friendly state in some ways, including in the area of non-compete clauses. A non-compete clause, or covenant not to compete, is a provision of a contract in which one person agrees not to compete against another person or business after termination of the relationship. Employers often require employees to […]

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FAQs About Probate

One of the most often misunderstand terms in estate planning is “probate” and what it means so we answer the most common FAQs about probate here: WHAT IS PROBATE? The term “probate” refers generally to the process by which the estate of a decedent (person who died) is administrated and distributed to the heirs and/or people named […]

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The Fiduciary Idea

Social pundits have said that kids who grew up in the 1970’s are part of the “me generation”. They are forty and fifty somethings now. Our survival-of-the-fittest world encourages people to “look out for number one”. In that context, the fiduciary idea is counter-cultural.  (more…)

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Review Your Estate Plan

If you have an estate plan, count yourself among the responsible few. Most people do not have one. Even if you have an estate plan, however, you need to review it periodically to be sure it will meet your needs as times and circumstances and how you view your world change – and they will. […]

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Celebrate Law Day

President Dwight D. Eisenhower declared May 1st to be Law Day during his presidency on February 5, 1958, and it was made official by Act of Congress on April 7, 1961. In the President’s Declaration, he declared, “In a very real sense, the world no longer has a choice between force and law.  If civilization is […]

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Gifting Your Legacy

I have been doing estate planning for nearly 20 years, and I am surprised at the relatively small number of my clients who have incorporated charitable giving into their estate planning.  Many of those same people have been charitable during their lives, giving to various organizations and their places of worship, but people do not […]

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