Time to Spring Clean Your Finances Says Chicagoland Law Firm
May 06, 2022Suggested Spring Cleaning from Chicagoland Law Firm We wait for spring to deep clean our homes, maybe the same goes for your finances. Can you remember the last time you scrubbed through your finances? If not, then it is time get them in order. Don’t be worried about where to begin when organizing your financial… Read more »
HSA limits for 2023 Rise as Part of Tax Code Changes
May 03, 2022Tax Code Changes Due to Inflation The Internal Revenue Service issued its annual inflation-adjusted amounts for next year’s health savings accounts. Due to surging inflation, the highest level in decades, they are raising the HSA limit. As part of 2023 tax code changes, Revenue Procedure 2022-24, states for calendar year 2023, the annual limitation on… Read more »
Irrevocable Living Trust-What is it?
April 29, 2022When it comes to estate planning in Chicago IL, as with other cities and states, there are tons of complex laws, paperwork, and other regulations to follow. This sentiment is true when it comes to creating irrevocable living trusts. Working with a reputable Chicago estate planning lawyer is the key to handling all paperwork and legalities… Read more »
Dissolving Business Partnerships
March 28, 2022Dissolving business partnerships can be emotionally taxing and overwhelming for the parties involved. Especially if the success of the business is at stake, as well as employees relying on it for livelihood. Unfortunately, there comes a time when it simply is inevitable for business partnerships to break apart. However, it’s not just a matter of… Read more »
Breach Of Business Contract Examples
March 25, 2022Breach Of Business Contract Examples Are you looking for an attorney who can help you with your business contract? Perhaps you have clients, and they are in breach of business contract? Don’t sweat it. This article tells you all you need to know about business contracts and how attorneys can help you. The good news… Read more »
What you need to know about SLATs
March 23, 2022Spousal Lifetime Access Trusts or SLATs Might Be For You Being happily married, healthy and wealthy is one of life’s great trifectas. It is hard to imagine improving on that but there’s a tax perk that can make it even sweeter. Known as a Spousal Lifetime Access Trust, or SLAT, this trust has a major… Read more »
Madonia & Associates, Ltd. Part of Pioneering COVID-related Insurance Case
March 21, 2022Covid-related Insurance Case? Is having Covid-19 bodily injury? If you catch it at work, can the workplace file an insurance claim to cover expenses? These are questions that were at the heart of this case. In February 2021, the U.S. District Court of Northern Illinois held that a commercial general liability “CGL” insurer has a… Read more »
Family Trust -An Easy Guide to Understanding Them
March 07, 2022Understanding a Family Trust A Family Trust is a good idea to ensure your legacy and benefits for your loved ones. It is a legally binding Estate Planning tool that’s set up to financially protect and benefit you and your family. The purpose is to establish a way for your family to reap direct financial… Read more »
We Welcome Gregory P. Turza for Expanded Estate Planning Resources
March 07, 2022Welcome to Greg Turza, Esq. As we continues to expand our estate planning services, AJM&A, Ltd. welcomes friend and colleague Gregory P. Turza, formerly of Legacy Laws. Turza has been a lawyer for nearly 50 years with a focus on estate planning and estate administration. Turza will bring his client base over to AJM&A as… Read more »
Misconceptions About Estate Planning -What You Thought You Knew but Really Didn’t
March 02, 2022Misconceptions about Estate Planning -What to avoid? Common estate planning misconceptions come when people know the concept but aren’t very clear on the specifics involved. These myths can result in people to believing that an estate plan is unnecessary. By debunking common estate planning myths, individuals can then embrace the need to protect their vulnerable… Read more »
