Transitioning Wealth

Transitioning Wealth – Some Thoughts to Consider Building business value and establishing family security are not separate tasks. They are parallel goals that are intimately related and must be addressed simultaneously. We are talking about using business prosperity to provide family security in a tax-efficient way. In this blog you will learn more about transitioning… Read more »

What is Philanthropic Planning? Why Do I Need a Lawyer?

Philanthropic Planning – Where to start? Why Do I Need a Lawyer? Philanthropic planning goes further than an estate plan. It’s a representation of who you are and what you believe in, so take the time to think it through with specific goals to create a lasting legacy. Individuals who have vast wealth often want… Read more »

Wealth Preservation: What You Should Know

Understanding Wealth Preservation Building wealth is difficult, but wealth preservation is even harder. As frivolous lawsuits continue to happen every day in America and aggressive creditors are running rampant by taking frequently illegal actions to boost their bottom line, wealth preservation can become a complicated landscape unto itself. The reality is that in today’s legal… Read more »

What You Should Know About Offshore Trusts

As you make plans for your estate, you may be considering an offshore trust for your family and loved ones. An offshore trust operates just as an onshore trust where the ownership of an asset is passed from one person to another. Though they have the same basic foundation, offshore trusts differ in a number… Read more »

When to Begin an Estate Plan for You and Your Spouse

Time to Begin an Estate Plan An estate plan can help protect your assets and maximize the value of your estate. You and your spouse should begin an estate plan as soon as possible to ensure your goals are achieved and concerns addressed. Chicago estate planning lawyers from Anthony J. Madonia & Associates, Ltd. can… Read more »

Should a Lawyer Look Over My Employee Contract Before I Sign?

Do I Need a Lawyer to Review My Employee Contract? Are you ready to start your new job? Perhaps the only thing that stands between you and your new place of employment is the signing of an employee contract. You may have already received this contract from your prospective employer. If so, you may have… Read more »

Equity Issues: Why You Need an Attorney

Equity Issues Determine Worth of Property – A Lawyer Can Help The value of a property is critical to many types of transactions. It is an important piece of information to know when buying and selling property, sharing ownership, or adding a property to a will. Equity is the term used to describe how much… Read more »

What Corporate Counsel Is and How an Attorney Helps

Whether a company is big or small, having reliable legal representation is crucial. It can be critical to solving problems before they evolve into something far more complicated. As a result, many companies retain corporate counsel in an effort to have legal advice at their disposal. If your company is considering retaining corporate counsel but… Read more »

Tips for Reorganizing Your Assets

Reorganizing Your Assets Can Be Made Simple When you are in the process of estate planning, one of the most important aspects involves reorganizing your assets. Whether you have a large estate or a simple one, it is important you make sure your assets are organized in a manner that best expresses your wishes. If… Read more »

An Estate Plan Can Include the Gifting Assets to Grandchildren?