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Your business will need legal help at various points. There are certain issues that you should not try to handle on your own. However, you may not have the budget to hire an attorney. An Illinois outsourced general counsel can work with your business on an ongoing basis and provide you with legal advice in numerous areas.
When you have a growing business, you may not have the resources to build your own in-house legal function. Not only do you have to pay an attorney’s salary, but you would also need to spend tens of thousands of dollars for employee benefits. You may simply not have the money. Still, your need for legal help does not go away. Outsourced general counsel allows you to get legal services while only paying for what you need.
It is always helpful to work with the same attorney. This lawyer will get to know you and your business. They will not need to take the time to start from scratch, costing you more money and effort. An outsourced general counsel is familiar with your legal issues and business aims. They know you, and they can tailor their legal advice to your business. They will be the legal point of contact for your company.
The process of registering a company with the state varies, depending upon the business formation structure chosen by the founders of each new enterprise. There are four primary company structures available to aspiring business owners. If you are hoping to launch a new business venture soon, it will be important for you to weigh the pros and cons of each opportunity before committing to one over the others.
Sole proprietorships are owned by one individual, whereas partnerships involve multiple owners. These business formation opportunities offer particularly flexible managerial structures and do not require much work to set up. They are taxed on the individual returns of each owner and do not require much, if any, reporting to the state. They are often particularly appealing for low-risk, local business enterprises. Sole proprietorships do not offer any personal liability protection in the event that the company gets sued or falls behind on its financial obligations.
A 2021 Pew Research Center Survey revealed that just shy of one-third of American adults describe their Internet usage as being online “almost constantly.” Roughly half of the respondents indicated that they go online at least several times per day. This means that, if you are like more than 75 percent of your peers, you spend a great deal of time interacting with the world electronically. If your estate plan does not reflect that reality, it is time to start updating your documentation.
In a nutshell, digital estate planning involves setting your digital affairs in order in the event that you pass away or become incapacitated due to illness or injury and can no longer advocate on behalf of your own interests. Digital estate planning may address any electronic assets, access, and intellectual property, from photos stored in the Cloud to email accounts, online banking to every text that is stored on your phone.
If you and your child’s other parent are divorcing or otherwise going your separate ways but you both plan to remain very active in your child’s life, the court will likely insist that you draft a parenting plan as part of your overall child custody order. The process of creating a parenting plan will allow you both to set expectations concerning communication, transportation, co-parenting duties, and other aspects of raising your child in separate households.
If you and your co-parent cannot work through fundamental differences concerning how this document should be constructed, a judge will need to make a determination regarding whose approach best reflects your child’s best interests. But, if you and your co-parent are willing to work together and with your attorneys to reach mutually-agreeable terms, you can construct this document in whatever ways you both feel are best for everyone.
Starting a business can be a thrilling, rewarding experience, but it can also be nerve-wracking and stressful. There are so many things a new or prospective business owner needs to think about - how the market is currently being served, what kind of business structure to use, how to document the business’s daily operations, and so much more.
For unseasoned business owners, so many of these processes can feel like a shot in the dark. How do you know if you are doing everything correctly? How can you protect yourself from future wage lawsuits or tax audits? Fortunately, an Illinois business lawyer has experience in running a business smoothly and can give you the help you need.
The role of a business lawyer varies widely depending on the needs of the business itself. For new businesses, however, the role of a business lawyer is fairly consistent: Ensuring the business has a strong foundation on which to build and function smoothly. The many things a business lawyer can help with include, but are not limited to:
If you are looking for a way to provide for your family’s future, a revocable living trust may be the right choice for you. A revocable living trust is an arrangement that allows you to manage and transfer your assets during your lifetime and after your death. It is important to understand the advantages of creating such a trust, as well as the legal requirements in Illinois, and a qualified estate planning lawyer can help.
A revocable living trust (RLT) is an agreement between an individual (the grantor) and another person or institution (the trustee). The grantor transfers ownership of their property into the trust, which is then managed by the trustee according to the terms outlined in the RLT document. With a revocable living trust, the grantor is able to retain control over all aspects of the trust, including how it is funded and what happens when they pass away. This type of trust offers many advantages over traditional wills, including avoiding probate court proceedings and reducing estate taxes.
People often spend months and even years thinking about divorce before actually beginning the process. The reasons for this are myriad: not being sure whether you really want to end the relationship, concern about divorce’s effects on young children, uncertainty about the divorce process itself. Whatever the reason, gathering information about how to get divorced in Illinois is an important first step for eventually leaving an unhappy or abusive marriage.
While there are seemingly endless resources available online to help coach people through divorce, the process can be very complex and there is no substitute for an experienced divorce attorney who is looking out for a client’s best interests. If you want to know more about the divorce process in Illinois, read on and then contact one of the divorce lawyers with NN Legal Group for more information about your specific case.
A divorce case needs to be filed in the county where one of the spouses lives, or where the majority of the marriage took place. For example, if a couple lived in Cook County for most of their marriage but recently separated and one spouse moved to DuPage County while the other moved to Will County, any of those three counties could process the divorce. However, different counties sometimes have different reputations for ruling on certain divorce issues, so it may also be worth your while to gather information about each county’s court system. Before filing for divorce, make sure you meet Illinois’ residency requirements - either you or your spouse must have lived in the state for at least 90 days before filing, and if you have minor children, the children must have lived in the state for at least 180 days or since birth.
Anyone who has started a business in Illinois knows how challenging it can be to get the project up and running. The planning, paperwork, and personal investment in time, money, and sweat equity can be overwhelming, especially in a business’s first few years.
Unfortunately, even after all the careful effort involved in helping a business become successful, business owners may occasionally face unexpected litigation. Even if your business is not dealing with any lawsuits now, learning about the types of litigation a business like yours might face can help you prevent problems in the future, as well as understand the potential liability you may be facing and what action you should take. Whatever legal issues you may be facing, an Illinois business law attorney can help.
Contract disputes are one of the most common types of business lawsuits. Companies may engage in contract disputes with individual contractors, other companies like service providers, and even with the government.
Buying a home, especially for the first time, can be an experience filled with excitement and trepidation. After all, buying a home is both an enormous financial commitment and a major milestone in a person or couple’s life. If you are interested in buying a home in Illinois for the first time, you probably have a million questions about what you need to do. Fortunately, with the help of a residential real estate attorney, the process of buying a home can be simple and straightforward.
Because buying a house entails signing major contracts, Illinois requires homebuyers to have an attorney review the purchase agreement before a home purchase can be finalized. Even if you do not have a real estate attorney for any other reason, this part, at least, is mandatory. Your contract should always have something called a “contingency clause,” which allows an attorney to review and change the contract. Your attorney will make sure this clause is there and that he or she makes other necessary changes to protect your interests. However, residential real estate attorneys can be helpful for many other reasons.
Neighbors can be a blessing, but they can also be a major hassle to deal with. Even in some of the more rural areas of Illinois, most people have neighbors who live close enough to impact them with their behavior, and this is certainly true in densely populated areas. One subject on which people regularly disagree with the behavior of their neighbors is that of pets and other animals, especially dogs. A well-trained dog may be a man’s best friend, but a neighbor’s dog that is allowed to wander and harass neighboring people and property can present a major challenge. If you are struggling with a neighbor dispute over someone who lets their dog wander onto your yard, you may be able to take legal action.
A wandering dog may do no more harm than leave an unpleasant surprise on the bottom of your shoe. But when a dog presents a threat to children, elderly adults, or livestock, the matter needs to be taken seriously. If you have not already, try to resolve the issue by talking to your neighbor. It is possible that they may not be aware of the problem and could be willing to take steps to control their dog.
From our office in Glen Ellyn, Illinois we serve clients throughout the area including but not limited to Wheaton, Lombard, Villa Park, Carol Stream, Glendale Heights, Addison, Bloomingdale, Elmhurst, Winfield and DuPage County.
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