Gardi & Haught, Ltd., Author at Gardi & Haught, Ltd.
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All posts by Gardi & Haught, Ltd.

All posts by Gardi & Haught, Ltd.

SMALL BUSINESS STIMULUS PACKAGE LOANS: YOUR QUESTIONS ANSWERED

SMALL BUSINESS STIMULUS PACKAGE LOANS: YOUR QUESTIONS ANSWERED By Samuel Park and Stacey Lynch If your business did not receive a small business stimulus loan from the federal Paycheck Protection Program (PPP) before funds ran out, there‘s still hope! Another $310 billion was just approved to help small businesses retain their staff during the State’s

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Help With Landlord Screening Criminal History in Cook County

Help With Landlord Screening Criminal History in Cook County By Michael DeSantis If you are a landlord in Cook County, be aware that there is an ordinance that went into effect concerning the way landlords are screening criminal history of potential tenants.  Now, before screening the prospective tenant’s criminal history, housing providers must first check

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WHO DECIDES YOUR PERSONAL INJURY CASE? WHAT TO KNOW ABOUT JURY SELECTION

WHO DECIDES YOUR PERSONAL INJURY CASE? WHAT TO KNOW ABOUT JURY SELECTION By Parag Bhosale It’s natural for people who have been wronged or injured by another to want their “day in court” to feel heard and vindicated for their suffering. Attorneys, on the other hand, often seek a faster, more prudent resolution of personal

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NEW LEGISLATION ALERT FOR REAL ESTATE INVESTORS: Wholesale Real Estate

NEW LEGISLATION ALERT FOR REAL ESTATE INVESTORS: Wholesale Real Estate By Tom Haught In the last several years, a niche real estate strategy, known as wholesaling, or wholesale real estate, became very popular. Basically, Buyer A signs a contract to purchase a property. But instead of closing on that property, Buyer A sells and assigns

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Know Your Contract: The Multi-Board Residential Real Estate Contract 7.0

KNOW YOUR CONTRACT: THE MULTI-BOARD RESIDENTIAL REAL ESTATE CONTRACT 7.0 By Tom Haught There’s a new contract in town: the Multi-Board Residential Real Estate Contract 7.0. The 7.0 was approved in 2019 as the new standard contract for purchasing residential real estate in Illinois. The Multi-Board Residential Real Estate Contract 7.0 seeks to correct what

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How the New Illinois Spousal Maintenance Law Will Affect Divorcing Couples

Couples who are planning to divorce, as well as those who are currently in divorce proceedings, should be aware of a change in the Illinois Spousal Maintenance Law, section 504 of the Illinois Marriage and Dissolution of Marriage Act (IMDMA). Specifically, the change in law affects the formula used by the court to calculate spousal maintenance as well as the tax consequences of paying maintenance and receiving maintenance.

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