Naperville Lawyer
In our last blog, we discussed sole proprietorships, partnerships (general and limited) and C corporations, which are generally speaking the most common types of business entities. But there are a few more types of corporations that might fit your business needs....
Naperville Lawyer
With so many types of business entities, how do you know which one is right for you? Over the next couple weeks we will look at some of the most common types of businesses and an example of why you might use that type of business. Sole Proprietorship: This is the...
Naperville Lawyer
Do you own a property with a spouse, sibling or friend? What type of ownership do you have associated with that property? Do you know? There are several different types of property ownership and they each serve a very different purpose. Here are the 3 most common...
Naperville Lawyer
Yes, there is! Although beneficiary, heir and descendant may seem the same from the outside, legally each term has a very different meaning. Below are the differences between each term and an example: A beneficiary is a person who benefits from the transfer of...
Naperville Lawyer
Most tenants, and many attorneys, incorrectly believe that ‘reviewing a Lease’ simply means reading the offered Lease and proposing desired changes to the language. As with any Contract you are asked to sign, a comprehensive Commercial Lease review process is the...
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