Getting a job begins a major chapter in your life. As you navigate this new territory, we are here to help ensure a prosperous transition. To protect the future you are creating, you need proper financial and estate planning. As you move through this new phase of your life, there are several things you ought to get or review to …
How the Employee Onboarding Process Can Affect Your Estate Plan
Starting a new job is an exciting new chapter in your life. Depending on your company’s onboarding process, there can be a lot of moving parts. You may feel overwhelmed by the introduction and review of the many different types of employee benefits. Not only are there forms to be filled out, they need to be filled out properly to …
What You Need to Know about Hiring Seasonal Employees
Summer is a popular time for businesses to hire temporary workers. Restaurants, golf clubs, resorts, amusement parks, and other warm-weather entertainment destinations depend on the summer months to boost their bottom line for the entire year. Despite the current labor shortage in some areas, this summer is expected to see a hot labor market as people emerge from pandemic lockdowns …
How to Know if Divorce Mediation is a Good Option for Your Divorce in Champaign
Divorce mediation also known as Alternative Dispute Resolution is the process for settling divorce disputes without litigation and with the assistance of a neutral third party. It involves working together in a cooperative manner that provides the best possible outcome for both parties. Are you wondering if divorce mediation is a good option for your divorce in Champaign? There are …
A Champaign Prenup Attorney Shares Some Situations When a Prenup is Useful
Having a discussion with your future spouse regarding the topic of a prenup can be a difficult one to bring up, but it is essential to protect your future as well as the future children. A Champaign prenup attorney can guide you through the process if you have questions. The best time to explore a prenup is before marriage, so …
What Employers Should Know about Giving Gifts to Employees
In today’s competitive job market, giving gifts and other fringe benefits to employees can be an effective way for employers to show appreciation. But generous employers should understand that most gifts and bonuses—even small ones—have tax implications. Employee gifts must be taxed and included on year-end tax forms unless they qualify as de minimis benefits, are presented as achievement awards, …
What to Do When a Director Resigns
Corporations are required to have a board of directors, which is selected by the shareholders. The board of directors helps govern the corporation, provides advice and counsel, conducts high-level management, elects officers, votes on key decisions, and protects shareholders’ interests. Corporate directors’ service on the board may be subject to term limits, however, a director may decide to resign from …
3 Factors to Consider Before Starting a New Business in Champaign
If you are starting a new business in Champaign, it will require hard work and dedication to make it successful. There are also important considerations to investigate that will help you protect your new business. The good news is that it is possible to protect yourself and your venture when you take a few essential factors into consideration. Perhaps the …
How to Communicate Effectively via Text Messaging During Your Divorce in Champaign
It is extremely important to have effective communication during a divorce and the way you communicate with your spouse will impact the outcome of the divorce. Learning how to communicate effectively via text messaging during your divorce in Champaign can save you time and money in the divorce and mediation process. It can also lead to better results when it …
Noncompete Agreements: How Solid Is Yours?
There are many misconceptions and assumptions regarding the use and effectiveness of noncompete agreements. This is not too surprising considering that judicial enforcement of these agreements is very fact-intensive and situation-specific. There are no bright-line rules to help business owners determine whether a noncompete agreement will be enforceable, so it can be challenging to craft one that will provide maximum …
What You Need to Know Before Starting a Franchise
It has been a tough year for small businesses. Across the country, millions of small businesses have temporarily closed their doors due to the COVID-19 pandemic. Even now, as the pandemic eases and operations begin to pick back up, many small businesses report that they are struggling to fill open positions. But business owners are resilient and creative. Despite the …
How to Determine if Divorce Mediation is a Good Option for Your Divorce in Champaign
Divorce mediation is a type of Alternative Dispute Resolution (ADR) which is the process for settling divorce disputes without litigation and with the assistance of a neutral third party. It involves working together in a cooperative manner that provides the best possible outcome for both parties. Are you wondering if divorce mediation is a good option for your divorce in …