Chicago's Legal Latte

Chicago's Legal Latte

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Chicago's Legal Latte episodes

  • Historic Exemptions and Rates for Estate, Gift, and GST Taxes May Not Last Long!
    The current federal exemptions from estate, gift, and GST tax are at an all-time high, but these exemptions and the applicable tax rates could be affected by the upcoming presidential and congressional elections. Any such changes made well into next year could be retroactive to January 1, 2021, and these historic exemptions would be lost. Even without any immediate government action, the current $11.58 million unified credit will “sunset” in 2026, and be reduced to $5 million. In light of this, the remaining months of 2020 are an unprecedented opportunity to protect your estate and your loved ones from significant transfer taxes after your death. In this podcast, estate planning attorney Heather Walser explains why it’s so important to take advantage of these extraordinary exemptions and tax rates before it’s too late.
    16 min
  • Simple Steps to Prevent Waiving the Attorney Client Privilege
    The attorney client privilege exists to “prevent the disclosure in judicial proceedings of the communications between the attorney and the client.” Its purpose is to encourage open and honest communications between an attorney and client. Like other “privileges,” the attorney client privilege can be waived, which means that an adverse party may be able to read communications that were intended to be confidential. And, that waiver can happen intentionally or unintentionally. Knowing these common pitfalls will certainly put individuals and businesses in a better position to avoid the dreaded “unforced error.” In this podcast, Lavelle Law attorney Brian Massimino provides useful tips to protect the attorney client privilege.
    15 min
  • Evictions in Illinois During the COVID-19 Pandemic
    This podcast will provide you with an overview of the eviction process in Illinois and how it’s being affected by the COVID-19 pandemic. Joshua Pagan is an attorney in Lavelle Law’s litigation practice group where he primarily handles commercial and business litigation matters and occasionally handles eviction matters.
    14 min
  • Corporate Dissolutions
    In this podcast, attorney Ted McGinn discusses closing a business entity that has creditor claims exceeding its assets. Listen to episode 7 of our Bankruptcy Solutions mini-series.
    16 min
  • Business Reorganization - Chapter 11
    In this podcast, attorney Tim Hughes provides an overview of the impact and requirements for filing for Chapter 11 bankruptcy protection for a business. Have a listen to this episode of our Bankruptcy Solutions mini-series and explore the options available for your business.
    16 min
  • Business Chapter 7 Bankruptcy
    In this podcast, attorney Ted McGinn discusses whether filing for Chapter 7 bankruptcy is right for a business. Listen to episode five in our “Bankruptcy Solutions” mini-series.
    16 min
  • Protection of Assets - Chapter 7 Exemptions
    In this podcast, attorney Tim Hughes discusses what the impact is on the assets of a person when they file for bankruptcy. He will explain what happens to your property if you file for bankruptcy and how to protect your assets. Join us for our second episode in our “Bankruptcy Solutions” mini-series.
    16 min

About Chicago's Legal Latte

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The attorneys of Lavelle Law Ltd. address a variety of legal topics.