Gutwein Law Names Audrey K. Wessel and Ross T. Yates Partners

by Gutwein Law

Gutwein Law is pleased to announce that Audrey Wessel and Ross Yates have been elected partners in the firm. “Audrey and Ross represent the best of Gutwein Law,” said Stuart Gutwein, Managing Partner. “They have been vital in continuing the growth of our firm with their extensive knowledge, hard work, and extraordinary service to our clients. We are pleased to celebrate their achievements.”

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These Are the Major Life Events that Trigger an Estate Plan

by Sean Farrell

When should I think about my estate plan? As a new attorney, I sometimes even find myself asking this question. When many people think about estate plans, they think of appointing guardians for their kids and what treasured personal items they want their family members to have. While these are significant parts of estate planning for many people, there are lots of other important estate planning questions we should consider throughout our lives.

One question we should all start considering as young adults and continue to reflect on as we age is "Who do I want to help care for me if something happens to my health?" Financial power of attorney, healthcare power of attorney, and HIPAA releases are all documents we should consider having throughout our lives. As much as we don't like to think about bad things happening to us, it's important to consider what will happen if we can't make decisions for ourselves. Together, these documents help ensure we're cared for if we're unable to do so for a period of time.

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SBA Restricts PPP Loan Applications for Employers with 20 Employees for 5 More Days

by Karen Young

https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#section-header-3

President Biden announced restrictions to the SBA’s PPP 2.0 loan applications to benefit small businesses and non-profit organizations with fewer than 20 employees and sole proprietorships for a 2-week period from Wednesday, February 24, 2021 through March 9, 2021. On March 10, 2021, employers with over 20 employees will be able to again apply for PPP 2.0 funding until the expiration of this installment of funding on March 31, 2021.

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Gutwein Law Adds Ross T. Yates to Evansville Office

by Gutwein Law

Evansville, IN – February 5, 2021 – Gutwein Law, a full-service business law firm focused on helping innovative companies grow through high-level legal counsel, is expanding its presence in Evansville, Indiana. The firm recently added Ross T. Yates, a corporate attorney with deep experience in the healthcare industry, to its team. Ross represents sophisticated businesses, healthcare providers, private equity sponsors, venture capital funds, family offices, entrepreneurs, and investors in complex transactions.

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PPP Round 2: Who’s Eligible & The Summary of Terms

by Karen Young

If your business or nonprofit did not get funds from the first round of the Paycheck Protection Program (PPP), and maybe even if it did, you could get another bite at the apple. Your business/nonprofit may also be eligible to re-apply in the next round if you were rejected in the first round OR if you used up your first PPP loan (with some exceptions) if you can prove that your receipts are down at least 25% in at least one equivalent quarter from 2019 and 2020.

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