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Where Pokémon Go goes, inevitable courtroom fights appear to lurk
Japanese gymnast Kohei Uchimura fell from the horizontal bar in preliminary competition at the Rio Olympics, landing on his back with a resounding thud. The resulting score of 14.300 meant he would not bid for gold, even as the reigning world champion of the event, six-time world gymnastics champion, defending Olympic gold medalist in men’s gymnastics and the “greatest gymnast ever” according to USA Today.
Amending Irrevocable Trusts Through Illinois Virtual Representation Statute
Question: I am the beneficiary of an Illinois irrevocable trust which holds assets for me. The existing trustee wishes to resign but I am uncomfortable with the named successor trustee. Is there an alternative to changing Trustees without going to court?
Life imitates art as employees win case, get to stay off their feet
In a 1995 “Seinfeld” episode, George Costanza takes exception when he spots a security guard forced to stand his entire shift while on duty at a men’s store. His outrage is appeased only when he later decides to provide the guard with a chair.
Penalty For Improper Exemptions
Under a new law (35 ILCS 200/9-275), the Cook County Assessor is hunting for homeowners who are claiming property tax exemptions for which they do not qualify. The consequences can include repayment of up to 6 years of unpaid tax, plus 10% interest per year plus a penalty of 50% of the total unpaid tax. Moreover, the Assessor is authorized to record liens against real estate if the homeowner does not pay as required.
Risk Analysis Leads Court to Overturn Unfriendly Reading of Rep Contract
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Limited Liability Companies As Asset Protection Tools
Question: Is there a way for my spouse and I to protect our joint securities portfolio from creditors?
Despite lesser stakes, federal courts decide bias claim using precedent
Just in time for summer, consider the plight of snowboarders in the Wasatch Mountains of northern Utah, home of the Alta Ski Area. Alta is well-known as a skiers-only resort. It is one of only three in the country that bans snowboarders.
Legally Speaking – Reps Should Not Always Turn the Other Cheek
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Establishing Florida Residency for Tax and Other Purposes
Question: I will be spending the winter months in my recently-purchased Florida home and residing the balance of the year in my Illinois residence. Can I claim Florida as my State of residence for tax and other purposes?
Tax Benefits of Direct Transfers From IRAs to Charities
Question: Having reached age 70½ and begun my minimum required IRA distributions, I question the benefits of directly transferring my IRA funds to charitable organizations rather than making charitable contributions directly as I have done in the past.