As a business person, you no doubt are aware that bankruptcy effects the state of trade. In day to day operations, when providing goods or services to a struggling entity or individual you know, getting money due from your customers can prove to be difficult.

Perhaps you were lucky enough to receive some funds from your customer prior to its filing bankruptcy. Just when you were thanking your lucky stars for the little amount money you were able to receive from your customer prior to its bankruptcy filing, you receive the dreaded demand letter from the bankruptcy trustee in the mail and it hits you in the face like a splash of cold water. You’re being told you have to give it back any money received from 90 days prior to your customer filing bankruptcy.  And it's not some sort of bad joke, either.

If you've been perusing our career page lately, you've probably noticed we're on the hunt for another attorney to join our growing firm. But not just an attorney will do. They have to be hungry, creative-minded, and relatable (among many other things). In fact, there are five key criteria we evaluate in a target before hiring them.

Sound like you? Good. Here's what we need to complete our dream team:

Law firms aren't exactly known for their forward-thinking views on technology. Windows 95, physical libraries, and attorneys who can't use computers are (believe it or not) still fairly common in today's legal world. But you won't see that at Gutwein Law.

We see things differently here, and we know in order to allow our clients to be forward-thinking, we need to be, too.

Frequently I hear from people who want to gift away their assets while they’re alive in order “to save taxes” and “make sure the government doesn’t take it all.” Unfortunately though, many of these people are following coffee shop advice from outdated sources or uninformed friends.

The reality is that the majority of people are better off not making gifts during their lifetime and passing assets to their children upon their death. Why, you ask? It's because of what's known as the "Step Up Basis" vs the "Carryover Basis." I'll give you an example.

Today marks Gutwein Law's fifth birthday, and we couldn't be more excited! It's been an unbelievable five years and we're incredibly happy to reflect on the ways we've grown. To help us celebrate this milestone, we wanted to take a look back at where we've been in the past five years, and where we heading in the next five.

So, why'd we start Gutwein Law? Well, as we always say, our firm exists for one reason – to help the best, most forward-thinking businesses in the world grow through high-level legal counsel. When we founded our firm, we knew right away we had a different perspective. As you may already know, we not only practice law on a daily basis, but business, too. A number of firm's team members own businesses themselves, so we know first-hand what our clients are after (sometimes before they do). We believe this approach, along with our other ideals, has strongly contributed to our success over the past five years.