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Does Your Life Insurance Trust Need a Checkup?
October 1st, 2021
As a part of our estate planning process, we work with many individuals and families who established an Irrevocable Life Insurance Trust (commonly known as an “ILIT”) many years ago. While reviewing an existing estate plan, occasionally we discov…
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Why SLATs (Spousal Lifetime Access Trusts) Are Worth Your Attention
January 26th, 2021
Contributor: Howard M. Hoff
As a result of a recent article published by our law firm, our office has been receiving the following questions: “Do I have a SLAT?” and “What is a SLAT?” If you’re not familiar with this term, a “SLAT” is not the latest COVID-19 varia…
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Where the U.S. Estate Tax may be Headed in the Next Four Years (and What You Can Do Now)
January 21st, 2021
After an election process that has been unprecedented, Joseph Biden is the next president of the United States, and the Democratic Party will have control of both the U.S. Senate and the House of Representatives. Although specifics are not yet known…
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Five Tips for Estate Planning During an Election Year
November 6th, 2020
Contributor: Daniel J. McCarthy, III
As America patiently waits for the election results to unfold over the next week, here are five important estate planning “tips” and considerations to review with our estate planning team before year-end: Beneficiary designations for retirement a…
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Illinois Contract Law on Force Majeure, Impossibility, Impracticability and Commercial Frustration in The Age of Covid-19
June 16th, 2020
The stay-at-home orders, social distancing, and other protocols arising from the COVID-19 pandemic (collectively, “COVID-19 Orders”), have impacted many parties’ abilities to comply with existing contractual responsibilities, schedules, and cos…
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Amendment to Workers’ Occupational Disease Act Makes It Easier for Employees Who Contracted COVID-19 to Claim that It Was Work Related
June 11th, 2020
Amendment to Workers’ Occupational Disease Act Makes It Easier for Employees Who Contracted COVID-19 to Claim that It Was Work Related On June 5, 2020, Governor J.B. Pritzker signed Public Act 101-0633 into law. The pertinent section that businesse…
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GSRNH Is Ready To Assist You During Covid-19 Shutdown.
May 1st, 2020
Our Attorneys and staff are diligently working in the office and remotely during the Covid-19 pandemic. We are available by phone through our automated system, email, and video conferencing to expertly assist you with your legal needs. If you have fu…
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Categories: Firm News
6 Signs It's Time To Update Your Estate Plan
April 14th, 2020
While we are all "social distancing" and spending more time at home, this may be a great time to dust off your old Will (or Trust), Powers of Attorney for Property and Health Care and review these documents to ensure your estate plan expresses
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COVID-19 and the Workplace: How We Can Help
March 20th, 2020
COVID-19 and the Workplace: How We Can Help The COVID-19 global pandemic has placed a significant strain on employers and employees. Fortunately, we at GSRNH are able to assist you in navigating legal waters. Various government agencies have issued l…
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Three Proactive Steps You Can Take to Be Prepared During the COVID-19 Pandemic
March 18th, 2020
Alternative rock band R.E.M.’s 1987 hit song, “It’s the End of the World as We Know It (And I Feel Fine)” is moving up the top songs list on iTunes, currently sitting at No. 33. In 1987, the song peaked on the U.S. Billboard Hot 100 charts at…
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