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Reporting requirements Illinois non profits
Reporting Requirements for Illinois Non-Profits

If you are a non-profit or a “not for profit” entity, there are a variety of reporting requirements you must make on an annual basis. This article will generally address the Illinois reporting requirements.

Creating Non Profit Corporation Illinois Business Law
Creating a Not-for-Profit Corporation in Illinois

There are many ways that private non-profit entities help and serve our communities. In this article, we will provide a brief overview of the types of business structures a non-profit may use.

Minors receive inheritance estate planning
Can minors receive an inheritance?

When a person dies, their heirs or beneficiaries may be a minor. However, minors are unable to open a bank account on their own.

estate litigation file claim against executor
Who can file a claim against an Executor?

Under Illinois law, an individual or business entity may file a lawsuit in probate proceeding. However, the individual or entity must have an actual legal interest in the probate estate in order to proceed with the lawsuit.

living wills estate planning illinois
Living Wills – What are they and do I need one?

A living will helps a person prepare for a time in which they are suffering from a terminal condition. These conversations are difficult and emotional for families, however, it is necessary to have them during a time in which an illness or crisis is not occurring.

estate planning intra family loans
Estate Planning: Intra-Family Loans

Many of our Estate Planning seek methods to help their family members become financially stable. A popular tool to minimize the tax implications, is to provide money to your loved one with an “intra-family loan.”