Tag: attorney
What Is the Best Way to Manage a Dispute Between Shareholders?
Posted on August 31, 2026
Running a company requires communication and understanding between multiple parties. In a corporation with numerous shareholders, disagreements are practically bound to arise at some point, and knowing how to resolve a dispute is important. With help from a Naperville, IL business law attorney, you can pursue a resolution that protects your interests as well as the corporation’s future. At the Gierach Law Firm, we provide clients with insightful counsel tailored to their needs. As a business owner and lawyer with over 30 years of experience, Attorney Denice Gierach is ready […]
What Do You Need to Consider With a High-Value Estate Plan?
Posted on August 31, 2026
Estate planning is complicated enough on its own. However, if you have assets and property worth millions of dollars, you have much more to think about. While this can seem daunting, a Naperville, Illinois estate planning attorney can help you take steps to protect your interests and make sure your wishes are respected. At the Gierach Law Firm, we have experience representing clients with high-value estates. Our goal is to provide you with peace of mind, thinking ahead about probate and protecting your beneficiaries. As a certified public accountant and […]
Can an Illinois Business Owner Be Personally Liable for Business Debts?
Posted on August 14, 2026
Many people form an LLC or corporation to protect their personal assets from business debts. In most cases, that protection works. Still, there are times when a business owner may become personally responsible for a company debt or lawsuit. If you own a business or plan to start one in 2026, it is important to understand when that can happen. Knowing the limits of liability protection under Illinois business law can help you avoid expensive mistakes. If you have questions about business debts or liability, a Naperville, IL business structure […]
7 Essential Clauses to Include in a Business Partnership Agreement
Posted on January 14, 2026
When entering into a business partnership, you need to have a well-defined partnership agreement. This legal document sets the foundation for the partnership’s operation and management. Having a comprehensive partnership agreement helps prevent disputes between partners and ensures a clear path for decision-making processes. Working with an experienced attorney will help you write a partnership agreement that does two important things: The stakes are high. Harvard Business Review cites some illuminating statistics: This means that in 2026, protecting your partnership through a comprehensive agreement is more important than ever. Our […]
7 Employment Law Mistakes High-Growth Companies Make
Posted on April 15, 2025
While growth is a great sign business owners and investors are eager to see, it can bring about its own set of challenges. These are the growing pains businesses can experience. Things move quickly when a company is growing. That expansion often requires quick decision-making and implementation of processes aimed at keeping the business functioning at its best. However, when business owners are occupied managing the day-to-day responsibilities, other important aspects sometimes slip through the cracks. Indeed, as things change quickly at high-growth companies, compliance with legal requirements becomes that […]
Contract Term Glossary for Business Owners
Posted on November 25, 2024
As a business owner, you have to wear many hats: entrepreneur, manager, employer, and more. One thing you will do repeatedly as a business owner is read and review contracts. Whether it is a commercial lease, a vendor agreement, a purchase or sale agreement, an employment agreement, a partnership agreement, or another type of contract, to do business is to enter into business agreements. Although you may find that business contracts contain a bunch of “legalese,” the name for legal words that are not familiar to non-lawyers, many of these […]
What Is a Minor Breach or a Material Breach of Contract?
Posted on May 17, 2024
When engaging in any contractual agreement, it is important to understand the requirements that will apply to each party and the options for addressing violations of the contract’s terms. A full understanding of the implications of a breach of contract is crucial. A breach of contract occurs when one party fails to fulfill their duties as stipulated in the contract. However, there are different types of breaches, and the ways they will be handled will depend on how the parties and the contract as a whole have been affected. An […]
How Gift Taxes May Affect Your Estate Planning Strategies
Posted on May 3, 2024
For people with a high net worth, the estate planning process may involve a variety of complex concerns. It will be important to take steps to protect one’s assets and ensure that as much wealth as possible can be transferred to future generations or used to support charitable causes. One of the most important aspects of asset protection will involve minimizing the taxes that apply when an estate is transferred. Gift taxes and gift tax exclusions are a crucial factor in a high-net-worth estate plan. An experienced attorney can provide […]
When Do Beneficiaries Need Legal Representation During Probate?
Posted on April 25, 2024
The death of a family member can be difficult, regardless of the circumstances. As families deal with the emotional fallout of a loved one’s death, they will also need to address financial concerns, and they may need to make changes to their lives as they adjust to living without their deceased family member. In the midst of all of this, a family will need to address the legal concerns that may arise during the probate process. Navigating the complexities of probate can be challenging for all who are involved, but […]
How Can Historic Preservation Laws Affect Real Estate Projects?
Posted on April 25, 2024
For developers and property owners in DuPage County, understanding the impact of historic preservation laws on real estate projects is crucial. These regulations can influence everything from the planning stages to the execution of a project, and failing to comply can lead to significant delays, increased costs, or even legal action. Working with an attorney who has experience in local real estate transactions and historic preservation laws can ensure that a developer can navigate these challenges effectively. Understanding Historic Preservation Laws Historic preservation laws are designed to protect buildings, landscapes, […]
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