Michael D Kliff Inc

Attorneys, Business Law Attorneys, Corporation & Partnership Law Attorneys

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Mon - Fri:	9:00 am - 5:00 pm

Places Near Buffalo Grove with Attorneys

Wheeling (6 miles)
Arlington Heights (9 miles)
Deerfield (9 miles)
Palatine (11 miles)
Mount Prospect (11 miles)
Northbrook (11 miles)
Mundelein (12 miles)
Highland Park (13 miles)
Libertyville (13 miles)
Lake Forest (14 miles)

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Phone: (847) 520-0874

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Michael D. Kliff, Inc CPA & Attorney At Law

Michael CPA Kliff Attorney

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Attorneys, Business Law Attorneys, Corporation & Partnership Law Attorneys, Divorce Attorneys, Employee Benefits & Worker Compensation Attorneys, Estate Planning, Probate, & Living Trusts, Family Law Attorneys, General Practice Attorneys, Labor & Employment Law Attorneys, Tax Attorneys, Trust Companies, Wills, Trusts & Estate Planning Attorneys, Workers Compensation Assistance

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Phone: (847) 520-4272

Address: 630 Pinehurst Ln, Buffalo Grove, IL 60089

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Michael D Kliff Inc

Divorce
Guardianship
A living trust is a popular estate planning tool that lets you (1) retain control over the trust property while you are alive, (2) avoid guardianship in case you become incapacitated and can no longer handle your own financial affairs, and (3) pass trust property outside of probate when you die.

Business and Corporate Law

Business Formation
I provide guidance and advice tailored to your specific business situation to help you select the best form for your business to maximize tax advantages and minimize your start-up costs.

Workers Compensation
The major incentive for employers to treat workers as independent contractors is to avoid the cost of accounting for payroll tax withholding, payment of social security taxes, purchasing workers compensation insurance, payment of federal & state unemployment insurance taxes, plus, employers avoid the cost for pension and fringe benefit plans and the cost of complying with a mountain of federal and state labor and employment laws. In addition, the classification effects workers compensation, providing no-fault coverage for employee injuries on the job and unemployment insurance benefits when employees are out of work, both which are general not available to independent contractors.
Employment Litigation
The government has a heightened interest in worker misclassification, the stakes are now huge, and policy and revenue goals seem to coincide. There are bills in the works that would increase penalties on employer failures to withhold and bills that would require companies using independent contractors to disclose to each such person in writing their federal tax obligations plus information about labor and employment issues.

Trusts and Estates

Estate Planning
In a word, no. Estate planning allows you or anyone to implement certain tools now to ensure that your concerns and goals are fulfilled after you die. Your objective may be to simply make sure that your loved ones are provided for. Or you may have more complex goals, such as avoiding probate or reducing those dreaded estate taxes.
Wills
Trusts
Legally, a living trust is a separate entity that you create while you are living to "own" property, such as a house, boat, jewelry, or mutual funds. The trust is revocable, which means that you can make changes to it, or even end it, at any time. For example, you may want to remove certain property from the trust or change the beneficiaries. Or you may decide not to use the trust anymore because it no longer meets your needs. A living trust gives you the flexibility to do any of these things.
Power of Attorney
A living will is allowed only in some states. If you don't live in one of those states, you may be able to accomplish the same goal using a durable power of attorney for health care, health-care proxy, or Do Not Resuscitate order.
Probate
Probate Services - I can represent you as an independent administrator of the estate for either a testate estate (under a written will) or intestate estate (without a written will) of a deceased individual from Cook or Lake counties.

Tax Law
My firm continuously monitors federal, state, and local tax law changes to allow its clients to minimize current and future tax liabilities.

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