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.
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.
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.
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.”