Congratulations! Your business has grown and you are ready to hire your first employee. Where do you begin? What will the employee’s schedule be and how much will the employee get paid? Will your new hire be an employee or an independent contractor—and what is the difference? Did the employee sign an employment agreement? Before your new hire begins, there …
A Champaign Estate Planning Attorney Explains How to Plan for the Future
If you live in or near Champaign, Illinois, and are looking to plan an estate and ensure the financial future of your family, you’re in luck. Estate planning isn’t tremendously difficult, but it does require some time to gather the appropriate materials and make plans with your family. At the end of the day, you’ll want to call an experienced …
Ask Cari: Common Business Formation Mistakes
The key to a successful business is having the right people, financial knowledge, effective processes, and a well-researched business plan. According to the Bureau of Labor Statistics, approximately 20 percent of businesses fail in their first year, and 50 percent fail by their fifth year. Forming and running a business is hard regardless of whether the business provides products or …
What You Need to Know about Buy-Sell Agreements
If you are a business owner, you probably worry about your bottom line, employee retention, and health insurance premiums, but have you also considered what will happen to your business if you are in an accident? What if your business partner gets divorced and your partner’s ex-spouse is awarded part ownership of the business and wants to make decisions affecting …
What You Need to Know about Hiring Your First Contractor
Hiring workers is an important step for a business. A business owner is faced with a chicken-and-egg dilemma: Is it better to hire employees anticipating that the business will grow, or wait until the business has grown and then hire employees? When a business is starting out, a full-time employee may not be needed. Business owners may instead consider hiring …
What Happens When LLC Members Disagree?
Every business should have a proper legal structure and bylaws or an operating agreement that sets forth the rights and responsibilities of its owners or members. While the partnership or corporation structure is better suited to some businesses, limited liability companies (LLCs) have become one of the most popular business structures over the past few decades. The LLC structure provides …
Communicating with Your Ex-Spouse During the Pandemic Doesn’t Have to Be Difficult
Communicating with your ex-spouse is a challenge at the best of times, but with the pandemic, it’s become more complicated than ever. For some former couples, this has meant an increase in disagreements and out-and-out fights. However, it doesn’t have to be this way. In times of uncertainty, it’s vital to communicate more than ever, manage your expectations, and adapt …
What Happens When Co-Parents Can’t Agree on the COVID-19 Vaccine for Their Children
Most of the world’s population is awaiting an opportunity to have the COVID-19 vaccine. Nonetheless, there still remains people who are reluctant to receive the vaccination. What happens when co-parents cannot agree on whether or not their child should receive the COVID-19 vaccine? Instead of arguing about it, the better approach is to review the divorce decree and the custodial …
How to Handle Make-up Time and Communication Issues During COVID Quarantine
Co-parenting after divorce is complicated at the best of times. With COVID quarantine problems over the last year, co-parenting has been become even more challenging. With so many people being sick and others doing everything they can to avoid spreading the contagion, regular parental visitation has become extremely difficult. This leads to communication issues between former spouses as well as …
Learn How to Handle Parenting Disputes with Online Learning in Champaign
The COVID-19 pandemic has made co-parenting harder than ever. What happens when divorced co-parents have different views of online learning? For instance, it is not unusual for one household to be far more structured than another household. This means that the kids might be accustomed to having breakfast at a certain time so that they are ready to be on …
3 Co-Parenting Apps That Make Co-Parenting More Manageable in Illinois
Co-Parenting during the pandemic has become even more difficult due to travel restrictions and other restraints that are necessary to keep your children safe. The good news is that there are many resources available to you that can make co-parenting more manageable in Illinois. The 3 Co-Parenting Apps Below Will Help You Make Co-Parenting More Seamless Our Family Wizard App …