April, 2015 Archives

Archives for April 2015

What does business insurance cover?

Purchasing insurance is just smart business. No matter their size, businesses should always take the time and money required to ensure they are protected against many of the most common and most costly events that businesses can face. … [Read more...]

What is a balloon mortgage?

When homebuyers in Illinois go to purchase a new home with the help of a real estate attorney in Gurnee, one financing option available to them is a balloon mortgage. These loans require a payment at the end of a specific time period that is larger than the regular monthly mortgage payments. … [Read more...]

Should you lease your trucks to your drivers?

The decision on whether or not to lease company trucks to drivers is one of the largest and most complicated decisions a carrier can make. A transportation lawyer in Vernon Hills knows that the potential consequences – both good and bad – can be far-reaching for a company, depending on if the leasing is done properly or not. … [Read more...]

Avoid estate taxes by setting up an irrevocable life insurance trust

In 2013, the U.S. Congress approved a permanent estate tax exemption for people who have assets that total less than $5 million. Factoring inflation into the equation, that means that people today can avoid the 40 percent federal tax with as much as $5.43 million in assets. … [Read more...]

Is your estate plan missing these 3 items?

A woman worried about her pets’ wellbeing was motivated to start a sanctuary for animals whose owners have passed away. According to the Huffington Post, dozens of animals have gone to stay with the woman, as their owners did not include the pets in their estate plans. … [Read more...]

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