What is a Settlement Agreement? Settlement agreements are a fundamental part of the resolution of any legal dispute or litigation. Many settlements, in fact the vast majority, require agreement to an official written, final agreement. Although informal agreements can sometimes be sufficient, particularly when there is a small or likely easily resolvable dispute, a formal settlement agreement is crucial in many instances. This will typically be the case in disputes that have been going on … The Lowdown on Settlement Agreements and Releases of All ClaimsRead more

Setting and Administration of Illinois CPE Requirements Lifelong education and professional development are an essential part of being a Certified Public Accountant (CPA). Continuing Professional Education (CPE) is a form of professional education focusing on educational activities licensed by state accountancy boards to expand the knowledge and skills of CPAs to close the gap between education and hands-on experience. While it is an assist in maintaining professional competence, CPE is also a requirement for CPAs … Illinois CPA CPE Requirements: A Helpful GuideRead more

The Basics of Dementia and Decision Making Capacity Dementia is a term for a broad range of symptoms associated with a decline in memory or other cognitive functions that are sufficiently severe to impact daily living. Cognitive functioning includes thinking, remembering, learning, reasoning, judgment, language, and perception. Alzheimer’s disease is the most common type of dementia among older adults.On 11 October 2005, the WHO International Working Group for Disease Classification released its latest guideline categorizing … Can Someone with Dementia Sign a Legal DocumentRead more

Corporate Agreement Defined Corporate Agreements are Contracts between the owners of Corporations and/or LLC’s (their "Members"). These agreements typically detail the provisions that govern the respective rights and responsibilities of the owners, and the structure and operations of the business, as well as the general business purpose and outline of the entity’s operations.Typically, Corporate Agreements define in detail the majority shareholder’s rights over the company. Often the Corporate Agreement requires the other shareholders to support … The Ins and Outs of Corporate Agreements: What You Need to Know for SuccessRead more

What is a Hold Harmless Agreement? Hold Harmless Clauses and Agreements in Georgia have been around for a while, but as with most of the other contracts that contractors or tradesman enter into, these clauses are rarely understood, yet they typify the idea of "Risk Transfer." The idea that in some trades or parties to the contract, transfer risk from one party to the other, thereby pushing risk to another when it comes to the … Georgia Hold Harmless Agreements: A Beginner’s GuideRead more