May, 2016 Archives

Archives for May 2016

Is Your Non Compete Clause Enforceable?

Non compete clauses can be difficult to enforce in Illinois courts. They must meet certain requirements to be considered enforceable. The courts try to balance the interests of the employee and the interests of the employer. Employee Benefit For Signing To be valid, the non compete agreement must hold value for the employee. If it is signed in order to gain employment, this is sufficient. If it is signed after the employee is already hired, they must gain something from the agreement. … [Read more...]

Estate Planning: Providing For Adult Children With Disabilities

Adult children with disabilities present some unique estate planning challenges. If these children simply inherit their parent's assets, it can disqualify them from Medicaid or disability. Creating a supplemental trust can help avoid this issue. Even $2,000 can jeopardize a disabled person's eligibility for certain programs. (Article continues below Infographic) A supplemental trust allows benefits to go to the child, but the trust is managed by a trustee. The trustee is usually the … [Read more...]

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