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February, 2015 Archives

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Archives for February 2015

Trucking companies need to be aware of drowsy driving hazards

Posted on February 27, 2015 //

When hiring truck drivers for their fleets, Illinois trucking companies often have a lot to consider. If they choose the wrong drivers, they may be held responsible for the damages that the drivers cause other motorists. An Illinois transportation attorney understands that one of the key issues facing carrier companies today is drowsy truckers, specifically how to identify them and keep them from getting behind the wheel.  The problem has never been more in the spotlight than it is now due to … [Read more...]

Filed Under: Transportation Law //

How does probate work in Illinois?

Posted on February 11, 2015 //

Probate is a process that occurs in court and is sometimes, but not always, required after a person passes away. The main purpose of the probate process is to make it clear who should inherit the deceased person’s assets and ensure taxes and other debts are paid. During this process, the estate’s executor, who is the person named in the deceased person’s estate planning documents with the help of an Illinois estate planning attorney, must have the estate’s assets appraised, identify and … [Read more...]

Filed Under: Estate Planning //

Keep taxes in mind when planning your estate

Posted on February 10, 2015 //

Estate tax is defined as the tax on a person’s right to transfer property after death. There are several strategies those who are in the midst of the estate planning process should consider implementing with the assistance of their estate planning lawyer in Illinois to ensure that their estate taxes are as minimal as possible once they pass away. Obtain a current asset valuation This step is particularly important for estates that include assets that are difficult to value, such as a … [Read more...]

Filed Under: Estate Planning //

Commercial real estate: 3 risks to consider

Posted on February 9, 2015 //

There are many benefits associated with renting commercial property and many advantages associated with purchasing it in Illinois. Business owners who are interested in purchasing commercial property with the assistance of their Illinois real estate lawyer and real estate agent should consider three important risk factors before they make the final decision to buy. 1. The location may not always be beneficial When it comes to owning a business, location is everything. Those who are … [Read more...]

Filed Under: Real Estate //

Should you really buy the biggest house in the neighborhood?

Posted on February 8, 2015 //

When property buyers go to purchase a new home with the assistance of a real estate agent and a real estate lawyer in Illinois, they are often attracted to the largest home in the neighborhood where they want to live. While having enough room is beneficial, there are a few reasons why home buyers should avoid purchasing the biggest home they possibly can. Why the biggest house isn’t necessarily the best After purchasing the largest home in a neighborhood, homeowners may have a difficult … [Read more...]

Filed Under: Real Estate //

Voiced-based vehicle systems focus of new cognitive distraction study

Posted on February 8, 2015 //

Businesses with fleets to manage face some unique challenges. An Illinois transportation lawyer understands that for carrier companies the topmost priority is ensuring that drivers act appropriately while on the roads. In efforts to decrease the number of distracted truckers, the Federal Motor Carrier Safety Administration has issued regulations banning the use of hand-held cell phones for all interstate and hazardous material truckers. Unfortunately, a multi-phase study performed by the … [Read more...]

Filed Under: Transportation Law //

Business costs: Evaluate large purchases before buying

Posted on February 7, 2015 //

For businesses, keeping operating costs low without limiting growth can be a struggle. A business lawyer in Illinois sees many companies who attempt to initially buy small and improve their systems later as business expands. However, this may end up costing more in the long run. To avoid such a situation, businesses should always evaluate their large purchases prior to committing to them. The evaluation should include a review of how flexible, scalable and manageable a purchase will be to … [Read more...]

Filed Under: Business Transactions //

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