Correcting A Will?
If you have made a will—great! Now, don’t forget to periodically review it. In addition to making sure it still reflects your assets and intentions, you may note errors that you previously did not spot….
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Trust Distributions?
Trusts can be an important way to provide for children, or other family members with special needs upon your death. When you create a trust, you can make choices about how the disbursements are to…
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Monitoring Plan Service Providers
ERISA experts urge plan sponsors to better monitor the cybersecurity practices of service providers. Although responsibilities may be delegated, your fiduciary obligation to provide the highest duty of care remains. Here’s what you need to…
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Resignations and Retirement Accounts?
Maybe some of the employees at your small business are restless and resigning—as are millions across the country. Maybe you are bringing in new talent—as you grow your business and attract workers looking for increased…
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Courtroom Hostilities Cost Artist’s Estate Millions
When the artist Robert Indiana died in 2018, his wish was for his old home in Maine to be converted to a museum so that his artistic vision would continue to inspire future generations. Sadly,…
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New Job? Beneficiary Designations
Congratulations on your new job! With your letter of hire in hand, don’t get so immersed in your new life that you fluff over the forms that come with new benefits. For example, take the…
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Rebuilding Illinois: $45 Billion
The recently signed Illinois capital plan allocated funds for roads, bridges, railroads, universities and other state facilities over the next six years. Naturally, there is lots of bustling, building and investment in Chicago too. Here’s…
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Craning Your Neck? Where’s The Talent?
Construction industry experts remind us that the skills gap, though exacerbated by the pandemic, has been with us for nearly a decade. An aging workforce, declines in vocational education and limited training for specific skill…
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Retiring? Update Your Plans
Congratulations: your time is now your own! When you exit the grind, it’s a good idea to re-assess your estate plan. After all, some of the assumptions you previously made about assets and needs…
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