Lane Report Archives

Displaying 1 through 40 of 215  
Undue Influence: Can a New Illinois Law Help Deter Unscrupulous Caregivers?
Tuesday, December 1, 2015
Order Marc J. Lane's New Book! Get Your Copy When a family winds up in a dispute over a dead relative’s estate, one of the accusations that may be made is that one or more persons used “undue influence” over the deceased. Typically, this involves a claim that someone improperly caused the deceased to create or amend a will or...
DOL Changes Its Tune About Impact Investing
Thursday, November 5, 2015
Impact investing just took another big step towards becoming mainstream, with the help of the Department of Labor (DOL). And all the hard work investors have been doing to build reliable ways to measure results seems to be a contributing factor. Specifically, the DOL recently posted guidance about what it calls economically targeted investments (ETIs) made...
Marc J. Lane: Chicago's Global Problem-Solver
Thursday, October 1, 2015
Order Marc J. Lane's New Book! Get Your Copy Amid the minute-to-minute drumbeat of war and scandal and stock market upheaval no farther away than your phone or desktop, Chicago lawyer, financial advisor and author Marc J. Lane stands apart for his optimism. The Lincolnwood native’s latest book — his 35th — is titled, “The...
In 'summer of Trump,' let's make Chicago an immigrant-friendly city
Tuesday, September 1, 2015
Order Marc J. Lane's New Book! Get Your Copy During this summer of Trump, the nation's undocumented immigrants are under attack. All 11 million of them are unrealistically threatened with mass deportation. And the U.S. House has passed a measure that would strip federal law enforcement grants from “sanctuary cities” that shield...
Crowdfunding bill could be game-changer for Illinois entrepreneurs
Monday, August 3, 2015
Order Marc J. Lane's New Book! Get Your Copy Putting aside their existential struggle over policy and power, Illinois' legislators have found common ground in supporting the state's entrepreneurial community. Come January, Illinois will boast an intrastate crowdfunding law that is more friendly to small business than any in the nation. Equity...
Cause-Related Marketing: the Opportunities and the Pitfalls
Wednesday, July 1, 2015
Order Marc J. Lane's New Book! Get Your Copy “Buy our product and a portion of the proceeds will go to charity!” Such cause-related marketing, linking the sale of a company’s product or service with the promise to make a donation to a charitable cause, is popular with consumers who want to see their money put to good use, valued...
Is Chicago headed for bankruptcy? Why 'nuclear option' should be last resort
Monday, June 1, 2015
Order Marc J. Lane's New Book! Get Your Copy Many cities in Illinois, overwhelmed by pension debt and faced with unprecedented cuts in state aid, soon might be lobbying the General Assembly to amend the Illinois Municipal Code to allow local governments to go bankrupt, a remedy Gov. Bruce Rauner supports. If a pending bill sponsored by Rep. Ron...
Why Choose A Professional Money Manager?
Friday, May 1, 2015
Order Marc J. Lane's New Book! Get Your Copy Volatility has once again returned to the financial markets and with it a renewed sense of fear and foreboding. It’s during these difficult market environments that investors come to recognize the benefit of having a relationship with a living, breathing investment advisor who can calm their fears...
Let's return power of the vote to the voters
Wednesday, April 1, 2015
Order Marc J. Lane's New Book! Get Your Copy Nearly 80 percent of Chicago's voters supported a citywide advisory referendum on the Feb. 24 ballot that would reduce the influence of special-interest money in city—and state—elections by financing campaigns using small contributions from individuals and a limited amount of public money. ...
Managing Your Portfolio for Currency Fluctuations
Monday, March 2, 2015
Order Marc J. Lane's New Book! Get Your Copy The world is awash in issues today with troubles in the Ukraine and the Middle East taking center stage. The international currency market, however, has had its own drama unfolding, albeit rather quietly. The revaluation of the Swiss franc may have provided some theatrics; nonetheless, the larger story...
Attention to Climate Change is About Justice and Economics
Monday, February 2, 2015
Order Marc J. Lane's New Book! Get Your Copy Climate change, mostly the result of carbon pollution, threatens the health of the nation's—and Chicago's—residents. Ground-level ozone, particle pollution, pollen concentrations, infectious diseases, asthma and other respiratory illnesses, heavy rainfall and flooding, and extreme-heat events...
Streamlined Application for Tax Exemption Presents a New Opportunity for Charities
Friday, January 2, 2015
Most nonprofit organizations which seek to be classified as tax-exempt charities (under Section 501(c)(3) of the Internal Revenue Code) are required to apply for recognition of their tax-exempt status from the Internal Revenue Service. (Some nonprofit organizations can claim tax-exempt status without having to apply: these include churches and other...
Keep Ex-Im Bank alive--and keep Illinois biz thriving
Monday, December 1, 2014
The decision by Republican leaders in the U.S. House to reauthorize the federal Export-Import Bank's charter only until June, leaving the institution in limbo until another vote is taken, spells big trouble for Illinois exporters, large and small. Since 1934 the bank has created and sustained U.S. jobs and reduced trade deficits by financing and insuring...
What's the Big Deal About Big Data?
Monday, November 3, 2014
Have you ever searched for an item on the Internet and found advertisements for that same type of product on websites that you visit later? Have you purchased a product from the grocery store and then received coupons from other companies with competitive products? Practically every major retailer is engaging in Big Data. Big Data is most often defined as...
Illinois has 1,431 townships. It's time to get rid of all of them.
Wednesday, October 1, 2014
Illinois' 1848 Constitution gave voters in each county the right to organize townships for the “management of the fiscal concerns of the county.” The framers' decision for our then-30-year-old, largely agrarian state was a no-brainer: As the most local of local governments, townships would be directly accountable to residents of unincorporated...
It's 'The People's Pier,' but Navy Pier Isn't Run That Way
Tuesday, September 2, 2014
Navy Pier, Chicago's No. 1 tourist attraction, has a storied history. Over its 100-year life, it's been a commercial shipping destination, a Navy training center, a University of Illinois campus, a convention site and, most recently, a lakefront entertainment complex. But today not all of Navy Pier's stories are being told. Three years ago, the...
Are Your Portfolio Holdings In Conflict With Your Mission?
Friday, August 1, 2014
Mission-aligned or values-based investment strategies that yield attractive social as well as financial returns have been gradually gaining ground in the foundation and non-profit communities in recent years. These organizations seek to invest their assets affirmatively, supporting their missions by aligning their investment holdings with their mission...
Illinois Court Decision Helps Keep 'Public' in Public Records
Tuesday, July 1, 2014
When Illinois' county-based prosecutors, charged with the twin responsibilities of protecting the public and defending the rights of victims, join forces to push back against government transparency, someone needs to cry foul and a higher authority needs to set them straight. That's exactly what happened last month in the case of Nelson v. Kendall County,...
Illinois' Green Energy Law Needs a Rewrite
Monday, June 2, 2014
Gov. Pat Quinn has proudly proclaimed that Illinois is the first in the nation in renewable energy use and, while the state has unquestionably earned its bragging rights, policymakers need to do more to ensure that our clean energy sector remains strong. First, the good news: According to a report by the Environmental Law and Policy Center and other...
Our Mid-Term Election-Year Market Outlook
Thursday, May 1, 2014
The stock market was very strong in 2013 with the S&P 500 index finishing at 1,848, up 32%. This was the best annual gain for the index since 1997. All of the ten sectors in the index generated positive returns. After such a strong year, our outlook is more benign yet still positive for the balance of this year. As of this writing, the S&P 500 is...
Beware the Perils of Blurred Lines Between For-profits and Nonprofits
Tuesday, April 1, 2014
As the Wall Street Journal reported this week,¹ investor demand for socially responsible business practices is stronger than ever. (For more information about socially responsible investing, please visit www.AdvocacyInvesting.com.) This notable evolution is motivating more profitable enterprises to establish a nonprofit arm through which they conduct...
Withdrawing Illinois' Coal Subsidies is a Moral Imperative
Monday, March 3, 2014
If Illinois' “King Coal” is deposed as many predict, his subjects should herald the peaceful revolution. The economics of the state's coal economy have remained virtually unchanged since Francis Peabody founded Peabody Daniels & Co., now Peabody Energy Corp., at age 24 in 1883 and became fabulously wealthy buying coal from established mines...
The Quest to Build a Sustainable and Equitable Economy through Values-based Investing
Monday, February 3, 2014
The growing influence of sustainable and responsible investing continues to cultivate a more just and equitable economy. Its efforts have fostered progressive changes in corporate behavior, helping to improve executive pay practices, increase board diversity and transparency on political contributions, enhance labor and human rights conditions, and address...
Let's Champion Tax Accountability Over Mere Tax Disclosure
Thursday, January 2, 2014
After the Illinois Senate narrowly approved a well-intentioned, but misguided, bill in 2012 to compel publicly traded companies headquartered in Illinois or selling products here to report their state income tax liability to the Secretary of State — who would then post that information online — the measure went on to die in the House. If...
Illinois to Issue Futures Contracts on Social Outcomes
Friday, November 1, 2013
The world's first social impact bond, or SIB, was introduced in 2010 to fund innovative social programs that realistically might reduce recidivism by ex-offenders in Peterborough, England, and, with it, the public costs of housing and feeding repeat offenders. Prudently building on the strengths of that initiative, Illinois Gov. Pat Quinn is rolling out...
Social Enterprise Alliance's Chicago Chapter and the Illinois Task Force on Social Innovation, Entrepreneurship, and Enterprise: A Strategic Partnership
Tuesday, October 1, 2013
When Illinois Governor Pat Quinn signed the State's L3C bill into law late in 2009, the leadership of Social Enterprise Alliance's new Chicago chapter - - SEA's first chapter - - seized the opportunity to unite and energize the Chicago area's leading nonprofits, entrepreneurs, socially conscious individuals, foundations, thought leaders and impact...
Illinois' Opportunity to Draw Its Way Out of Gerrymandering Mess
Tuesday, September 3, 2013
In Illinois, victorious politicians secretly pick the voters, not the other way around. Political leaders, the ultimate arbiters of redistricting, game the system by designing districts to produce the results they favor. Gerrymandering is easy to pull off. All the pols need to do is jam voters who are likely to support the opposition into throwaway...
Estate Planning 101 - Duck, Duck, Goose
Thursday, August 1, 2013
When was the last time you played “Duck, Duck, Goose”? If you’re like most people, you probably said when you were a kid, probably about 10 years old. Next question: When was the last time that you reviewed your will and/or trust? If you’re like most people, perhaps never, if you haven’t done any estate planning yet. Or perhaps...
How to Resolve Disputes Relating to Website Domain Names
Monday, July 1, 2013
Most businesses, and many individuals, operate a website. However, you may not have realized when you registered your domain name that you agreed to abide by the terms of the Uniform Domain Name Dispute Resolution Policy (UDRP). The UDRP is incorporated into the Registration Statement that you are required to accept when you register for most domain names....
The ETF - Managed Portfolio Solution
Wednesday, May 1, 2013
Marc J. Lane Investment Management, Inc. has been providing portfolio management solutions for high net-worth individuals since 2002. Historically, those services have only been made available to our clients with over $500,000 to invest. But now we are offering a competitive solution for clients with investable assets of $100,000 or more. These portfolios...
Time to Thwart the Sales Tax Gambit
Monday, April 1, 2013
Over the past three years, Illinois courts have heard one claim after another that cities and towns outside the Regional Transit Authority's six-county territory have illegally lured businesses whose headquarters are within the RTA's taxing authority to set up satellite offices merely to reduce the sales taxes they owe. Adding to the controversy, the...
The Federal Reserve, Interest Rates, and Your Income Requirements
Friday, March 1, 2013
Today we find ourselves in what arguably is the most difficult environment for income investors in our nation's history. Yields on both stocks and bonds have been on the decline for the past three decades. Add to this the fact that as the baby boom generation now approaching retirement is swelling the ranks of income seeking investors. In competing with one...
Collaborative Startup Communities Bolster Entrepreneurship - But for How Long?
Friday, February 1, 2013
Collaboration is the name of the game for the entrepreneurial community in 2013. Startup incubators and accelerators are cultivating the seeds of new business that might not otherwise sprout in the wake of decreased venture capital funding for early stage companies, a decline that PricewaterhouseCoopers and the National Venture Capital Association predict...
Why Fair Pay is Key to a Sustainable Recovery
Wednesday, January 2, 2013
Illinois' 97th General Assembly goes out of business on Jan. 8. Between now and then, it may tackle more divisive issues of moral consequence than any of its recent predecessors. The reform of the state's debt-ridden public employee pension system, the expansion of casino gambling, the legalization of same-sex marriage and the approval of medicinal...
Consider Taking Advantage of Opportunities in 2012 - Your Taxes May Rise in 2013
Saturday, December 1, 2012
As of this writing, it’s difficult to speculate as to what U.S. income tax rates will be in the year 2013. This has become especially apparent due to the effect of the so-called “fiscal cliff” and the results of the November elections. The “fiscal cliff” is actually the result of the Budget Control Act of 2011, a law passed to...
Barack Obama's Presidential Library Belongs at U of C
Thursday, November 1, 2012
In this political season, it comes as no surprise that objections are being raised over nascent efforts to snag an eventual Barack Obama library and museum for the University of Chicago, where for 12 years the U.S. president was a lecturer in constitutional law. Skeptics predict that the institution would be celebratory, not scholarly, and that its...
Chicago's Cultural Plan: A Plea for Restraint
Monday, October 1, 2012
Kudos to Mayor Rahm Emanuel and Michelle Boone, Chicago's cultural commissioner, for inviting public debate around their ambitious campaign to revamp and strengthen the city's arts and culture scene. Cultural Plan 2012, the first such program in 25 years, lays out no fewer than 200 proposed initiatives to amp up cultural participation and convert creativity...
Weather and Politics
Tuesday, September 4, 2012
According to the National Oceanic and Atmospheric Administration, July 2012 was the hottest month on record for the continental United States. Surely, approaching autumn days will provide some very welcome cooler weather for much country. But with Republicans just having convened in Tampa, and Democrats set to gather in Charlotte this week, there is no...
2012 Mid-Year Tax Update
Wednesday, August 1, 2012
At the Law Offices of Marc J. Lane, P.C., we strive to keep you informed about helpful planning topics each month. This month we are discussing a topic near and dear to everyone's heart: taxes. The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your...
Displaying 1 through 40 of 215  

Announcing Marc J. Lane's 35th Book:

The Mission-Driven Venture: Business Solutions to the World's Most Vexing Social Problems

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