Revisiting Connelly v. United States: What Business Owners Need to Know About Buy-Sell Agreements and Life Insurance Date: 09/17/2025 Author: Prime Law Group When the U.S. Supreme Court issued its opinion in Connelly v. United States, 602 U.S. ___ (2024), it quietly reshaped how estate planners, business owners, and tax professionals must think about buy-sell agreements and corporate-owned life insurance. The

Business Continuity Planning: Protecting the Future of Your Business Date: 09/07/2025 Author: Prime Law Group Running a business means juggling day-to-day operations, but have you thought about what happens if something unexpected occurs? Illness, disability, retirement, or even the sudden loss of an owner can put your entire company at risk. That’s where a business continuity plan comes in. In this article,

Resolving Contract Disputes: Contract Dispute Lawyer Guide Date: 09/13/2023 Author: Prime Law Group Contract disputes are a common occurrence in the business world. Whether you’re a business owner, an individual, or part of a larger corporation, contracts are the backbone of most agreements. However, when disagreements arise, the need for a contract dispute lawyer becomes apparent. In this comprehensive guide,

Everything You Need to Know About Non-Solicitation Agreements Date: 07/07/2022 Author: Prime Law Group Many businesses prioritize establishing and maintaining a clientele and, as such, invest time and money into developing a confidential list of clients. To safeguard this valuable data, employers may require that employees sign a non-solicitation agreement, which prevents employees from quitting their jobs and then pursuing

What are the Different Types of Business Forms in Illinois? Date: 06/02/22 Author: Prime Law Group In 2021, almost 199,000 new businesses started in Illinois. If you are considering starting a business in Illinois, you need to know a few things about the process first. It’s important to determine your business focus and structure before starting your business.  There’s no

How Do I Acquire a Business License in Illinois? Date: 05/20/22 Author: Prime Law Group Did you know that there are more than 1.2 million small businesses operating in the state of Illinois? This means that millions of others have acquired a business license in Illinois and understand just how complex the process can be. Sure, starting a business in