Experienced Representation In Business Law, Estate Planning And Tax Law
Experienced Representation In Business Law, Estate Planning And Tax Law
A Transfer on Death Instrument (TODI) is a legal document that allows property owners to assign a beneficiary to inherit their property upon death. Unlike a will, a TODI does not need to go through probate. The TODI becomes effective only after the property owner's...
It can be stressful when the unexpected passing of a loved one devastates a family, especially when they were unable to leave a will. This situation, called intestacy, can lead to complications regarding the distribution of assets. The state steps in When a decedent...
You worked hard to build up your assets over the course of your entire life, and you want as much as possible of that legacy to make it into the hands of your family and friends without the government taking an inordinate bite out of it first. That can seem easier...
When you begin your estate planning journey, you will probably encounter legal and financial experts who advise you to create a living trust. This crucial component is often touted as a must-have for anyone serious about protecting their assets and wishes. But why...
Whether you are an individual or a business owner, going through the IRS audit process can be nerve-wracking. You might feel anxious because of a problem or missed items that might cost you more in the long run. These are typical assumptions after receiving the audit...
Estate planning is crucial for anyone but especially important for those with complex financial situations, like business owners. If you are part of this population, you have likely worked hard to build your wealth and secure your financial future for you and your...
Business-minded individuals are always looking for profitable opportunities to start their own companies. Unfortunately, starting a new business can be easier said than done. If you are thinking of creating your own business, you must be ready for different...
Hiring independent contractors can offer flexibility and cost savings for your Illinois business. However, misclassifying an employee as an independent contractor can have significant legal and financial repercussions. So, how do you know which classification applies?...
Ideally, only a small percentage of taxpaying Americans need to worry about the IRS auditing their tax returns. It can be unsettling to find out that you are the subject of an audit. It may cause stress and anxiety, and for good reason. You may find some relief in the...
There are many challenges associated with opening a small business in Illinois. Finding the funds to operate a business can be difficult, especially if one is looking for a lot of capital upfront to get started. Fortunately, there are opportunities for entrepreneurs...
