• Posted on January 3, 2019

    Huck Bouma attorney Gina Salamone is one volunteer at-large board member for Aurora Downtown.

  • Posted on June 27, 2018

    Tom Christensen recently won a successful jury verdict in a commercial litigation case.  After efforts to resolve the case before trial were unsuccessful, Tom tried the case to a jury in the Circuit Court of Cook County.  The jury rejected defenses raised by the defendant and returned verdicts in favor of Tom’s client on both of two breach of contract counts, awarding total damages of approximately $375,000.00.  Tom handles commercial litigation cases and construction disputes and can be reached via email at tchristensen@huckbouma.com, or by phone at (630)344-1152.

  • Posted on June 27, 2018

    At the January 24, 2015 DuPage County Bar Association Mega Meeting, Huck Bouma attorney, Katie May, (together with attorneys Carol Nolan and Cynthia Hutchins), will be presenting the program entitled, Estate Planning & Elder Law Special Situations: Case Studies of Autism and Dementia.  This program will be held at the Sheraton™ Lisle Hotel.

  • Posted on May 15, 2018

    How Remodeling a Client Trust Can Retain Assets Under Management while Saving Clients Money Posted by:  The Life and Legacy Planning Group It’s a common misconception that clients can take a set-it-and-leave-it approach to trusts.  Much as houses or office buildings, even those that were originally well-built, must be remodeled or updated from time to time, a trust-centered estate plan can often benefit from a remodel or refresh. Although the principle of trust-centered estate planning has stood the test of time, there are many reasons, such as the recent tax reform, a change in family wealth or circumstances, or just […]

  • Posted on February 15, 2018

    In December 2017, Congress passed, and President Trump signed a sweeping tax reform bill commonly known as the Tax Cuts and Jobs Act. This new Act contains several significant changes that will impact your clients and their estate planning. Estate Tax Changes Starting January 1, 2018, the estate, gift, and generation-skipping transfer (GST) tax exemptions double from $5 million to $10 million (adjusted for inflation).  For 2018, the exemption is now $11.2 million per person ($22.4 million for a married couple). As was the case under prior law, the exemption will adjust annually for inflation, providing us with additional opportunities […]

  • Posted on February 15, 2018

    How to Keep Family Squabbles from Undermining Estate Plans Family discord that results in a will or trust contest can be costly, time-consuming, and emotionally painful for your client’s family. For you, the advisor, this disharmony usually leads to severely damaged relationships and a loss of assets under management. It’s important to keep a close eye on your clients’ familial rifts and work with us to use proactive planning to mitigate the risk of potential litigation. Sometimes the holidays bring out the best behavior in a family, but other times they can serve to highlight the division and risk of […]

  • Posted on September 25, 2017

    One in three Americans do not get enough sleep, and 45% of the remaining world’s population doesn’t either. The US Centers for Disease Control and Prevention calls that a “public health problem,” because disrupted sleep is associated with a higher risk of physical and mental conditions including diabetes, stroke and cardiovascular disease. There is evidence suggesting that there is a link between lack of sleep, Alzheimer’s disease, and dementia. A new study published in Neurology, the journal of the American Academy of Neurology, finds that people who get less REM, or dream-stage sleep, may be at higher risk for developing […]

  • Posted on December 24, 2016

    Posted by:  Tom Christensen The Illinois Appellate Court recently held a mechanics lien invalid based upon non-compliance with the Illinois Mechanics Lien Act, despite the fact that the non-compliance was strictly technical and caused no prejudice to the property owner. In Cityline Construction v. Roberts, the plaintiff was a builder who sought to foreclose a mechanics lien against property upon which the plaintiff had performed fire-restoration services. The plaintiff submitted pay applications but failed to submit a sworn contractors statement as required by Section 5 of the Act and failed to comply with requests to do so. When the defendants […]

  • Posted on November 7, 2016

    A Health Care Power of Attorney, also called a Health Care Proxy or Durable Power of Attorney for Health Care, lets you give legal authority to another person (a proxy or agent) to make decisions about your health care if you are unable to make them yourself. This prevents the courts from getting involved if there is disagreement between family members and/or the medical community as to what actions you would want taken. Keep in mind that you will continue to make decisions about your care for as long as you are able. You are only naming someone as a […]

  • Posted on October 10, 2016

    Posted by:  Cindy Tolan A growing number of Medicare beneficiaries receive their care through HMOs and PPOs, known as Medicare Advantage plans. Yet little is known about the size and scope of the provider networks available to them, and participants can face significant expense if treated by an out-of-network provider. A new study from the Henry J. Kaiser Family Foundation looked at Advantage plans in 20 diverse U.S. counties (accounting for fourteen percent of those enrolled in Medicare Advantage plans nationwide in 2015) to evaluate how these provider networks are structured. Medicare Advantage plans are appealing to many cost-conscious seniors […]