Planning an Irrevocable Life Insurance Trust

Planning an Irrevocable Life Insurance Trust Death is certain, and you want to make sure your spouse, children, and others dear to you are properly cared for when your time comes. The purpose of life insurance is to provide for your loved ones when you pass on, and it does this by paying out a lump sum to them upon […]

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Benefits of ADR for Healthcare Providers

Benefits of ADR for Healthcare Providers Malpractice lawsuits are common enough in the field of healthcare that most providers accept it as a constant risk. Millions of dollars are spent each year on mitigating that risk, inevitably increasing overhead costs for hospitals, offices, and individual practitioners. Perhaps the most harmful aspect of this is the distrust that it sows. Ideally, […]

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What If I Need to Back Out of Buying a House?

What If I Need to Back Out of Buying a House? When you purchase a house, you and the seller will sign a contract. Under Illinois law, a real estate purchase agreement is legally binding, and as such, you and the seller will be expected to fulfill that agreement. However, if you find that you need to back out of […]

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Types of Spinal Cord Injuries

Types of Spinal Cord Injuries Accidents can lead to spinal injuries, many of which can leave you permanently and completely disabled. Even if they don’t, they can still cause you pain and suffering and result in high medical bills, lost ability to work, and diminished quality of life. The type of spinal cord injury you suffer may affect how much […]

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Should I Opt Out of My Employer’s Preferred Provider List?

Should I Opt Out of My Employer’s Preferred Provider List? Under Illinois workers’ compensation law, you are allowed your choice of up to two doctors when getting medical help for a work-related injury. However, also under Illinois law, your employer could potentially restrict your choices to within a specific network of physicians. If your employer has a preferred provider program […]

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New Workers’ Comp Bill Affects the NFL

New Workers’ Comp Bill Affects the NFL A new bill proposed in the Illinois senate, called Senate Bill 12, could have a dramatic effect on sports teams in Illinois. At the head of efforts to pass the bill is the NFL’s Chicago Bears, who claim that the bill will make workers compensation more fair for those in other industries. The […]

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Common Injuries for Office Workers

Common Injuries for Office Workers When you think of work injuries, it usually conjures images of freakish accidents involving heavy machinery, falls from tall structures, or overstraining the body from heavy lifting. Usually, you wouldn’t consider an office setting to be particularly hazardous. While this is generally the case, there are still some hazards to be aware of. An office […]

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5 Things You Should Know About Intellectual Property

5 Things You Should Know About Intellectual Property Your intellectual property is a key part of your organization. It includes your products, trade secrets, branding, designs, and other forms of intangible property, all of which is well worth protecting. The laws governing it are numerous and complex, and there are a few things you should know about intellectual property that […]

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Slip and Fall Accidents – Is it Worth a Lawsuit?

Slip and Fall Accidents – Is it Worth a Lawsuit? If you have slipped and fallen on someone else’s property, and if that has resulted in a severe or lasting injury, you may have a personal injury case. Making your claim can be a long, costly process, however, and it might not be immediately apparent how bad your injury is […]

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How Is Permanent Partial Disability Calculated?

How Is Permanent Partial Disability Calculated? Sadly, injuries at the workplace happen, and those injuries may lead to a permanent disability. The extent of the benefits you’ll get from a disability depends on an estimation of how much it impacts your earning ability. Permanent partial disability (PPD), which involves the partial loss of a hand, foot, leg, eye, etc., can […]

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Repetitive Stress – Is it Really an Injury?

Repetitive Stress – Is it Really an Injury? The usual aches and pains of daily labor are seldom considered to be very serious—just something that comes with the job, you might say. However, there are instances in which this goes beyond normal fatigue, affecting your quality of life and your ability to work. These injuries, known as repetitive stress injuries […]

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Founding a Charitable Organization

Founding a Charitable Organization – A Few Pointers It’s the start of a new year. Many of us have made New Year’s resolutions, and some of those might involve contributing to philanthropic causes. One way to do this is to start a charitable organization. Doing so is a complex matter, however, and it’s important to make sure the organization will […]

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Litigation Vs. Arbitration – Which Is Better?

In a perfect world, businesses would run as predicted, partnerships would always work out perfectly, and there would be no disagreements, offenses, or disputes ever. Unfortunately, we don’t live in a world like that, so the need for dispute resolution is a very harsh reality. When determining how to resolve disputes between business and other parties, including partners, clients, providers, […]

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Venture Capital in 2017 – Making the Most of the New Year

Venture capital is always a risky business, but it can be well worth it if handled wisely. According to some assessments, 2017 looks like it will see some growth in terms of venture capital investing. This is a welcome change after some of the decline we saw in 2016, which has actually helped out a little in its own way. […]

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Anti-Money Laundering: Know Your Customer Quick Reference Guide

As previously published by January 2016 by PwC Global As predicted, 2015 saw a continued rise in regulatory pressures concerning Anti-Money Laundering (“AML”), with a number of high profile fines and investigations. Compliance with AML, Know Your Customer (“KYC”) and sanctions requirements continues to be a key focus area for management, and firms must ensure they are following appropriate compliance procedures […]

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