October, 2014 Archives

Archives for October 2014

Truck driver shortage expected to continue

Ground trucking is an essential function in our society today. Our nation’s economy relies upon the ability to move large quantities of products efficiently and affordably. Trucking is a primary means of doing this. New information published in early October by the American Trucking Association suggests that the transportation industry is facing a serious shortage of drivers that could only worsen in the coming years as the demand for truck freight increases at the same time. … [Read more...]

Poll: Americans say truckers are safe drivers

People who drive semi-trucks or other large commercial vehicles in Illinois work each day under constant scrutiny, regulatory guidelines and federal oversight. Drivers with commercial driving licenses must adhere to very high standards for safety for themselves, their companies and the general public. … [Read more...]

The pros and cons of using business investors

When launching a new business in Illinois, entrepreneurs have several options to consider as means to fund their new enterprise. As with many things, there is no right or wrong way to obtain necessary funding as the decision can vary based on many criteria. Every business owner should evaluate the choices individually as making a fully informed decision is one of the most important parts of making the right decision. … [Read more...]

How do you register a business in Illinois?

Starting a new business can be a very exciting venture for those involved. The process of setting up a new business can, however, seem complicated to some businesspeople especially when legal filings are required. … [Read more...]

Illinois property: What is the difference between private rights and public rights?

When a person in Illinois owns a piece of property, whether it be public or private, they are given specific rights. These may include some of the following: … [Read more...]

How does a reverse mortgage affect your heirs?

A woman in Florida chose to sign over the rights to her home to her husband, which would enable him to qualify for a higher reverse mortgage loan amount. … [Read more...]

Calculating your future mortgage payment

Whether they are purchasing their first home or buying an investment property, those looking into buying property in Illinois should understand what their mortgage payment will be once they have made this purchase. … [Read more...]

Buying property: Why pre-approval is a good idea

A mortgage pre-approval differs from a mortgage pre-qualification because during the pre-approval process, the lender checks a buyer’s credit and verifies their documentation to approve them for a specific loan amount. … [Read more...]

Using software to manage your trucking fleet’s maintenance

Companies that must manage vehicle fleets have many special issues with which to contend. Many technologies have been developed to assist in things such as tracking the locations of vehicles and drivers, providing route assistance and more. … [Read more...]

Stretching your IRA

A father named his son the beneficiary on his IRA, which was worth roughly $100,000. According to the Huffington Post, the son, who was 53 at the time of his father’s death, chose to receive the minimum distributions out of the Roth every year instead of taking the lump sum. … [Read more...]

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