An incentive trust is used to provide incentive to the beneficiary of a trust to do something, or to refrain from doing something. An incentive trust, established by Illinois estate attorneys, may provide a good way for heirs to make important decisions and lifestyle changes that will impact their future. Establishing an Incentive Trust Fearing a generation of trust-fund kids without jobs, responsibilities or obligations, many families are establishing incentive trusts for beneficiaries as … [Read more...]
Entering Into a Contractual Business Relationship: Covering Your Bases
When entering into a contractual business relationship, careful consideration, clear communication, and planning ahead can prevent legal disputes down the… READ MORE
