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The licenses and permits you will need to operate your business vary widely depending on your location and type of business. However, there are a few items that will be necessary for nearly all new businesses.

Federal EIN

FEIN stands for Federal Employment Identification Number. Your company’s EIN will be used as an identifier on federal tax forms. If your business is going to have employees then you will need to obtain an EIN to use when reporting income to the government. While some business owners without...

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It was not too long ago that pet owners were faced with a challenging dilemma- what happens if they die and there is no one willing to take care of their pet? Far too often, the potential monetary burden of paying to take care of a deceased friend or relative’s pets was enough for most folks to say “no thanks.” Well, while the problem technically still exists, Wisconsin and Illinois have made it potentially easier to find a friend or family member willing to take on that role and give a deceased individual’s pets a loving home. That’s because both states permit...

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An amendment to the Illinois Power of Attorney Act is headed to the Governor’s desk to be signed into law. It contains some important modifications for both estate planning attorneys and those executing powers of attorney enabling their agents to make health care decisions on their behalf.

Some of the highlights (or lowlights depending on your view of...

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“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

As the nation pauses from its busy routine to celebrate the signing of a piece of paper- the contents of which contain the collective ideals of...

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Cloud Computing is on the rise as a way for companies- specifically, law firms to manage data.  Like any new technology, cloud computing doesn’t come without risks, and a recent surge in data breaches at some of the country’s largest companies has understandably left many a bit wary about sharing personal or sensitive data electronically.  

As a company that lives by the motto of “Redefining the Law Office”, at The Virtual Attorney, cloud computing is one of the foundations that enables the firm to provide convenience and accessibility to clients and everything related to their...

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There are numerous considerations when contemplating making gifts to minor children. Outright gifts are frowned upon because, under the eyes of the law, children are under a legal disability, which means that they do not have the legal capacity to administer property. That means that a guardian is necessary to hold or manage property for a minor child. Without some planning, it may be necessary for a court to appoint that guardian- a process that may outweigh any benefits of making the gift to a minor child in the first place....

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