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Illinois Secure Choice Program

Illinois Secure Choice Program

The deadline for all Illinois employers with 5 or more employees to offer their own retirement program or facilitate their employees’ participation in the Illinois Secure Choice Program operated by the Illinois State Treasurer as an Auto-IRA passed in November 2023....
Your Business Name

Your Business Name

While most states require you use the complete legal name of your business when conducting official business, including a designation of your business’ entity type, such as Inc., Ltd., P.C., LLC, NFP, and the like, the full legal name is often cumbersome and less...
Property Ownership for Couples

Property Ownership for Couples

In any relationship where the parties intend to jointly own or use property, legal advice is recommended to ensure that their intentions are clear and enforceable during their relationship and at its end by death or otherwise. Proper planning not only provides peace...
Special Needs Trust

Special Needs Trust

Access to many of the government and charity funded programs for children and adults with special physical, emotional, or intellectual needs may only provide those benefits to persons on a financial need basis, and their receipt of gifts and inheritances could...
What to do if Sued

What to do if Sued

Being served with a summons, subpoena, citation, claim, notice, lien or lawsuit is never good, but they cannot be ignored. As quick action is usually required, you should be prepared. Some initial steps in response to receiving one of these documents include: Stay...
New Corporate Transparency Law

New Corporate Transparency Law

The Corporate Transparency Act requires all existing “business entities” and “beneficial owners” to file a Beneficial Ownership Information Report with the U.S. Treasury’s Financial Crimes Enforcement Network’s (FinCEN) Beneficial Ownership Secure System (“BOSS”) on...
New Illinois Business Laws

New Illinois Business Laws

With over 300 new laws taking effect January 1, 2024, some that could have a substantial impact on your business include: The Federal Corporate Transparency Act requires a business to file with the Financial Crimes Enforcement Network. New criminal penalties for...

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