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We are uniquely staffed to handle most types of legal matters—whether personal or business related—within our main practice areas:
Given the proliferation of all things digital, it was no surprise that the practice of fingerprinting would become commonplace in employment settings that seek to streamline everything from production lines to employees themselves. Illinois sought to safeguard its citizens against the risk of abuse inherent in collecting data that is unique to an individual. In […]
Conversations with our estate planning clients who want to help their children or grandchildren save for college typically include a review of various options, such as outright gifts to grandchildren, gifts to a Uniform Transfers to Minors Act (“UTMA”) Account, gift trusts for grandchildren, and state-sponsored educational savings plans, or “529 Plans.” A 529 Plan […]
We all know people who invest in stock that is publically traded on a stock exchange, like the New York Stock Exchange. In fact, most people with IRA accounts or 401(k) accounts are invested in funds that in turn invest in the stock market. Those investors will periodically sell or trade their shares – perhaps […]
What is Estate Planning? If asked that question, many people would define estate planning as the determination of who receives property upon death. Others might consider estate planning as a means of reducing taxes upon death. Many would define estate planning as a combination of both. In reality, everyone already has an estate plan. The real […]
The Illinois Limited Liability Company Act (as revised, the “Act”) was amended effective July 1, 2017. Certain of the changes are significant and should be noted both with respect to existing LLCs and those to be formed in the future. Set forth below is a brief summary of certain changes that may be of particular […]
Bespoke – [bəˈspōk]. Adjective. Made to individual order (as in clothing); custom-made. Shortly after the beginning of the year I visited with an old friend — but a new client — who had contacted me because she was interested in “getting a Will done.” She is an educated, well-spoken professional with, I trusted, a certain […]
Early this morning as I stared in the refrigerator, patiently waiting for its secrets to be revealed to me, I saw the plastic carton of blueberry Chobani smirking at me: “Best By March 15, 2017.” Then my army of outdated condiments joined in. And let’s not even talk about the lurking Styrofoam containers holding restaurant […]
As the tumultuous opening weeks of the new Donald Trump Presidency unfold, the pre-election histrionics have not abated, and everyone cautiously watches to see what’s next. Regardless of your politics, there is no denying that these are interesting times. Meanwhile, in the GSRNH Estate Planning group, we’ve been following the trade winds to understand what […]
For 2016, it is estimated that pet owners in the United States will spend $62.75 billion dollars on their pets. This number has nearly doubled over the past ten years. With an ever growing supply of grain-free and organic pet foods and treats, pet “health insurance,” and daycare for furry friends complete with webcams, more […]
The United States Treasury (IRS) recently issued Proposed Regulations that could have a dramatic impact on your estate plan. In their current form, these Proposed Regulations would essentially eliminate discounts for minority control and a lack of marketability in transfer tax valuations of interests in closely held entities (e.g., family limited partnerships, closely held corporations, […]
There are no shortcuts or compromises at Goldstine, Skrodzki, Russian, Nemec and Hoff, Ltd. Our attorneys respectfully listen to their clients, anticipate their needs and work diligently to provide sound and practical legal advice.
Our attorneys represent a vast array of clients, from individuals to closely-held businesses and publicly-traded companies to municipalities.