Avoid Needing a Probate Attorney - Don’t Die Without a Will!
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalWhile not the most pleasant topic to look forward to, making out a will can be very important. A will is a document stating who is to receive what, upon one’s death.
Intestacy is the will designed by the state. The state we are speaking of in particular here, is Illinois. If you haven’t decided whom you want to receive your estate, the legislature has tried to guess what you would have done. It might be better than nothing.
The rules regarding wills vary from state (more…)
Single Member LLC- Charging Order, Creditor Claims, Pass-through
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalRecently I’ve run across some significant issues with the single member LLC’s with courts handing down noteworthy judgement decisions in favor of creditors using the theory of “fraudulent transfers” and “civil conspiracy.” I ran across two such individuals that have made me more caution on client advice regarding single member LLCs.
SINGLE MEMBER LLC - LIMITED LIABILITY COMPANY PASS-THROUGH LEGAL ENTITY
The LLC is a TAX HYBRID “pass-through” legal entity similar to (more…)
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