Power of Attorney: Do It Now

If you're like most adults, you know you "should" organize your financial affairs (aka "make an estate plan") — but you probably haven't. Good news: there's one practical, important step you can put on your to-do list this week, and...

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ERISA Fidelity Bonds # 10 Facts Plan Sponsors Need To Know

Compiled with guidance from accountants, attorneys, and ERISA compliance experts If you sponsor a workplace retirement plan — a 401(k), profit-sharing plan, or similar arrangement — you carry one of the most consequential legal obligations in employment law. Embedded within...

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Yes, No, Maybe: Is Indecision Killing Your Business?

In the construction world, we’re used to dealing with delays we can't control, bad weather, late material deliveries, or inspection hold-ups. But there’s one project killer that comes entirely from the inside: indecision. When you're running a construction business, standing...

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When There’s No Heir: Understanding Escheatment in Probate and Estate Law

Many estate planning conversations focus on who will inherit a person’s assets. But what happens when, legally, no one does? Escheatment is the legal process by which a deceased person’s property transfers to the state when no eligible heirs can...

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Don’t Get Nailed: Contracts Not Handshakes 

Bringing in the right subcontractors, for the right work, at the right time, can be game changing for your construction business. But, things can always go south on a build, so never, ever, go without a written contract. Verbal agreements...

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If You Don’t Know Where You’re Going…

Obviously, you won’t get there. This tried-and-true expression is a wise one for busy construction company leaders to pull out and remind themselves of occasionally. If you’ve set a strategy, it’s easy to get sidetracked from it. If you set...

Article

If You Don’t Know Where You’re Going…

Obviously, you won’t get there. This tried and true expression is a wise one for busy construction company leaders to pull out and remind themselves of occasionally. If you’ve set a strategy, it’s easy to get sidetracked from it. If...

Article

It’s Not Just A Plan: It’s People!

Given all the big words, complex regulations, legalities and operational details involved in sponsoring a retirement plan, it’s easy to lose sight of the people the plan is intended to benefit: employees and their families (aka beneficiaries). If you sponsor...

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Notifications: Plan Sponsor Responsibilities

When you sponsor a retirement plan, like a 401k, you are ultimately responsible for ensuring that participants receive all required information in a timely manner. This is true even if you outsource administration, including notifications to a third party: you...

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Illinois Court & Fiduciary Bonds – The Partnership Account® for Attorneys

Quickly and efficiently obtain and manage all of the court and fiduciary bonds your clients need, directly from your own private dashboard. 

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