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Results: 26 Articles found.
  • The impact of Prairie Rheumatology Assoc. v. Francis on Non-Competes in Illinois

    Mar 04, 2015

    In light of a recent decision in Prairie Rheumatology Associates, S.C. v. Maria Francis, D.O., 2014 IL App. (3d) 140338, in order to enforce non-competition agreements, Illinois employers should note that a minimum of two (2) full years of continuous employment may be required to enforce non-compete agreements.

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  • Business & Banking Law Associate Sought

    Nov 25, 2014

    Kelly, Olson, Michod, DeHaan & Richter, L.L.C. is seeking a highly motivated associate with at least 3 years of experience to join its business and banking group. Applicants should be experienced in corporate transactions, merger and acquisition work, drafting business and entity formation documents, drafting and negotiating transaction documents, drafting loan documents, drafting and negotiating real estate transactions, and general corporate and business law matters.

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  • Engaging with Aging - Community Bank of Oak Park River Forest

    Nov 25, 2014

    On December 3, 2014 at 5:30 p.m., Jason Johns will participate in a panel discussion at the Community Bank of Oak Park River Forest (1001 Lake St., Oak Park, IL 60301) presenting a straightforward look at what’ is involved in getting older and the types of resources that are available to help people manage the process at their own speed.

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  • Illinois Land Trusts

    Nov 18, 2014

    A land trust is an arrangement where actual title to real estate is held by a trustee (often a bank), while the rights and conveniences of ownership are vested in a beneficiary of the land trust, who exercises management and control over the property itself.

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  • IRS Raises Gift/Estate Tax Exclusion Amount for 2015

    Nov 11, 2014

    The IRS raised the estate tax exclusion amount from $5.34M for decedents dying in 2014 to $5.43M for decedents dying in 2015. That also means the lifetime gift tax exclusion amount for 2015 is also $5.43M.​

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  • Same-Sex Marriage Comes to Indiana

    Oct 16, 2014

    The United States Supreme Court denied review of all seven of the petitions arising from challenges to state bans on same-sex marriage, thereby clearing the way for same-sex marriage in at least 5 more states, including Indiana.

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  • Guide for Independent Executors in Illinois

    "My father just died and I'm named as the executor of his will. What does that mean? What am I supposed to do?" This Guide for Independent Executors in Illinois attempts to answer those questions.​

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  • Engaging with Aging

    Sep 22, 2014

    On September 27, 2014 at 2 p.m., Jason Johns will participate in a panel discussion at the Oak Park Library (834 Lake St., Oak Park, IL 60301) presenting a straightforward look at what’ is involved in getting older and the types of resources that are available to help people manage the process at their own speed.

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  • Convenience Accounts

    Sep 10, 2014

    Convenience accounts are joint accounts, usually checking or savings accounts, that are held in joint tenancy between the “true owner” and someone else where the “true owner” did not intend for the other joint tenant to have an interest in the account, but to only act on the direction of the "true owner" and for that person's benefit.

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  • Resulting Trusts

    Sep 10, 2014

    A resulting trust is created by operation of law in Illinois based on the presumed intent of the parties and comes into being either at the time title vests, or not at all.

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  • Forced Place Insurance Policies

    Sep 08, 2014

    Insurance is a critical element in protecting real estate interests. Both an Owner and a Mortgage Lender have economic values protectable by insurance. Those economic values, while sometimes coincidental, may also be divergent.

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  • Contractual Indemnity Provisions

    Sep 05, 2014

    Indmenification provisions are common in business contracts. They can work to share or transfer risk among the parties to the contract. However, they must be carefully evaluated to ensure the provisions properly reflect the intentions of the parties.

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  • Five Top Rated Lawyers in 2014

    Apr 25, 2014

    Five of Kelly, Olson, Michod, DeHaan & Richter, L.L.C.'s attorneys were designated as Top Lawyers in 2014 based on their AV Preeminent rating.

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  • Federal Tax Update - Vol. 3 Iss. 1

    Jun 20, 2013

    You have only a few months left to take advantage of the largest transfer tax exemptions and lowest transfer tax rates ever. For a limited time, each of us can give away up to $5.12M without incurring any gift or other transfer tax – perhaps even more by using valuation discounts. The current gift, estate and generation skipping transfer tax exemptions of $5.12M will expire on December 31, 2012.

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  • Estate Planning for Same-Sex Couples

    Feb 01, 2013

    Jason T. Johns to present to the CBA/YLS Estate Planning Committee on March 5, 2013 on the topic of Estate Planning for Same-Sex Couples.

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  • Pro Bono Work Recognized

    Jan 14, 2013

    The pro bono work of David S. Adduce and Kelly, Olson, Michod, DeHaan & Richter, LLC (KOMDR) was recently recognized in an article in the January 14, 2013 issue of The Orland Park Prairie

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  • Federal Tax Update - Vol. 2 Iss. 1

    Feb 23, 2011

    A summary of the recent tax law changes made by the Tax Relief Act of 2010 as well as changes proposed by President Obama.

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  • Federal Tax Update - Vol 1. Iss. 2

    Nov 05, 2010

    Federal Tax Update

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  • Estate Tax Update

    Feb 12, 2010

    The estate tax and the generation skipping transfer tax are repealed for 2010. What does this mean for my estate plan?

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  • New Chicago Office

    Dec 30, 2009

    On December 30, 2009, Kelly, Olson, Michod, DeHaan & Richter, LLC moved into its new office at 333 W. Wacker Drive, Suite 2000, Chicago, IL 60606-12888.

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  • Illinois' New Requirements in Residential Mortgage Foreclosures

    Apr 14, 2009

    Mortgage foreclosures have attracted more attention from the Illinois legislature

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  • American Recovery and Reinvestment Act

    Feb 17, 2009

    On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009 (the “Stimulus Act”). Though it seems lost in the news coverage of all the spending programs, the Stimulus Act contains approximately $262 billion in tax cuts.

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Results: 26 Articles found.
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Chicago, IL 60606-1288
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