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RD Quarterly- 2023 Issue 1 A Short Story of the Recent History of the World-Fast Food Style Basic Underwriting Considerations for Contract Surety Bonds Revise Your Powers of Attorney Before Long-Term Care Changes in the Law for IRA and 401(K) Plans
Here are the significant changes in the law for IRA retirement accounts and 401 (K) retirement plans. Required Minimum Distribution (RMD) Starting Age For retirement plans, a participant can delay retirement minimum distribution until retirement and may delay taking the first year’s distribution until April 1st of the following year. Required minimum distributions must be… Read more »
Shareholder R. Kymn Harp is a co-author for a chapter entitled “Tenant’s Duties, Rights, and Remedies” included in the 2023 Commercial Landlord-Tenant Practice handbook published by the Illinois Institute for Continuing Legal Education on April 27 .
Long-term care is often a pressing concern. Nearly 70% of individuals are expected to require assistance. When planning for long-term care, having advance directives in place is essential. Advance directives are documents used to provide guidance for the caretakers of individuals who are ill or incompetent. There are several types of advance directives, including Living… Read more »
Its May 2023, three years since the start of the COVID pandemic that has now been declared to be over. Three years since the world shut down and we withdrew from physical contact with others into what we hoped was a bubble of safety. Many would argue that the world has changed drastically and dramatically… Read more »
Learn about the ethical issues surrounding mental incapacities, screening and assessments necessary to gauge the level of an individual’s competency, protective actions that should be taken during these decision-making processes, how an individual’s mental capacity will impact their long-term care planning and some new legislation affecting the healthcare and elder law fields. If you would… Read more »
Federal, state, and local governments require surety bonds from contractors to manage risk on construction and development projects and to protect taxpayer dollars. Private construction project owners likewise often stipulate bonding requirements on their projects. Prime contractors may require their major subcontractors to obtain performance and payment bonds. In today’s competitive construction environment, a contractor’s… Read more »
ISBA Section on Real Estate Law Publishes “Mitigation of Damages on Illinois Commercial Lease Disputes” ISBA Section on Real Estate Law.pdf
Thank you to those who registered for the 2023 CLE Event: Diversity in the Courtroom! Check-in: Please enter our main lobby at 180 North LaSalle Street and check-in with security/reception. After checking in, the security will direct you to the CLE room where you will pick up your name badge. The CLE event will begin… Read more »
Shareholder Justin L. Weisberg will be a co-presenter on April 13 for the ABA Forum on Construction Law “Construction Contracting-A Look into the Future”. Justin will discuss a look into the future of construction contracting including what’s new, what’s coming, and what are the trends that will lead construction professionals into the next decade. Click… Read more »