Author: Linsi Tuttle
Naperville Business Lawyer on Some of the Legal Issues Small Businesses Face Everyday
Posted on January 7, 2019
For many small business owners, the threat of business litigation is always in the back of their mind. Studies show that as many as half of all small businesses become involved in business litigation at least once in any given year. Legal disputes which seem like only minor headaches can quickly snowball into extensive proceedings which damage your business’ bottom line. The following are the most common legal issues that small businesses in America often face. Unenforceable Agreements and Breach of Contract Disputes When any party included in a business […]
Naperville Business Lawyer on Coming Up With a Business Idea in 2019
Posted on January 3, 2019
New Year’s resolutions have long been a way for people to motivate themselves into doing something positive. Many people, for example, make a New Year’s resolution to lose weight or start going to the gym. Others commit to going back to school or spending more time with family. It is also common for would-be entrepreneurs to resolve to put their ideas for new businesses into action in the coming year. But, where do these ideas come from and how does one know if an idea is good enough to build […]
Naperville Business Lawyer on Meeting Customers’ Changing Needs
Posted on February 22, 2018
When you own and operate a business, you have many priorities, but your customers’ satisfaction should be at that top of that list. Without customers, there is no business. Over time, the needs and desires of your customer base may evolve—sometimes quite dramatically—and it is crucial for your company to change to meet their developing needs. As a business law attorney and a small business owner myself, I know how difficult it can be for some companies to embrace change. Those that cannot or will not, however, risk being left […]
Naperville Business Attorney Discusses Tariff Engineering
Posted on October 27, 2017
In the popular Marvel movie franchise, the “X-Men” are a group of superheroes whose powers are the result of genetic mutations. A large part of the films’ storyline focuses on the debate over whether these mutants have the same rights as regular, “non-mutant” people, leading many to view the theme as an allegory for discrimination on the basis of race, gender, and sexual orientation. But, did you know that in the real world, Marvel takes the opposite position regarding the humanity of its mutants? While many may question why the […]
Understanding Testamentary Capacity
Posted on October 25, 2017
In my practice as an estate planning lawyer, I have helped hundreds of clients draft wills that help provide long-term financial security for their family members and loved ones. I have also assisted a number of beneficiaries and others in contesting wills that they believed did not truly reflect the wishes of the individuals who created them. There are several grounds on which a will contest may be filed in Illinois, and among the most common is the alleged lack of testamentary capacity by a will’s creator. It is important […]
Naperville Estate Planning Attorney Offers Five Ways Your Will Can Become Obsolete
Posted on October 13, 2017
As you probably realize, a will often provides the foundation for a comprehensive estate plan. In some cases, a person’s will is the only instrument used to transfer his or her assets to heirs and beneficiaries. This is not uncommon, particularly among individuals with modest estates and few complex holdings. In my practice as an estate planning lawyer, I have helped hundreds, if not thousands, of clients draft and execute wills. I have also worked with many individuals in updating wills that have become outdated or obsolete. While a will […]
Naperville Business Law Attorney Looks at the Success Story of Netflix
Posted on October 10, 2017
Today, the name “Netflix” is synonymous with streaming entertainment as a viable alternative to cable, satellite, or over-the-air broadcast programming. When the company first started nearly 20 years ago, however, there was little indication that it would quickly become global entertainment leader. As a business law attorney, I recognize the importance of evolving with the times to remain relevant. In any competitive industry, companies that do not adapt to meet the changing needs of consumers will quickly become obsolete. The story of Netflix provides a good example of how adaptability […]
Naperville Estate Planning Attorney Discusses Stepparents and Stepchildren
Posted on August 9, 2017
In many ways, the concept of estate planning is similar to that of healthy living. Most people are aware that both are good ideas, but it can be very difficult to even get started. Much like eating right and exercising, estate planning is one of those things that many people will do eventually. Unfortunately, some wait too long and never actually get around to it. As an estate planning lawyer, I know that the process of creating a will or trust is not as challenging as many fear it will […]
Naperville Business Lawyer Discusses Oral Contracts
Posted on March 24, 2017
As you are probably aware, most businesses rely on a number of contracts of contracts and agreements. These typically include partnership agreements, employment contracts, purchase agreements and a variety of others that have been carefully drafted and reviewed before they are signed. Most such agreements are formalized in writing, as doing so creates a permanent record of the agreement that can be used to enforce the terms of the contract if necessary. Contrary to popular belief, however, an oral contract may also be enforceable in many cases. If your company […]
Naperville Estate Planning Lawyer Discusses Handwritten Wills
Posted on February 24, 2017
For most people, a last will and testament is one of the most important documents they will ever create. Your will is likely to contain provisions that dictate how your assets are to be divided among your chosen beneficiaries but may also include many other considerations. You can use your will to establish guardianships for your children and make arrangements for heirs who may not be capable of managing their own affairs. Your will is also likely to name an executor to manage your estate and to oversee the distribution […]
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