Illinois Series LLC

Illinois Series LLC

A Series LLC is a novel business structure in which there is a single parent company and one or more subsidiary companies underneath it. The parent company is merely a holding company and each of the subsidiaries are separate from one another.

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Why Incorporate?

Why Incorporate?

When starting a new company many business owners struggle with this issue… Why Incorporate? What are the benefits? Is it right for me and my company? Why is this company incorporated and that one isn’t? Let’s go through the benefits of incorporating a business and see if it makes sense for your company.

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Negotiating a Commercial Lease

Negotiating a Commercial Lease

Whether you are a new business owner or have been in business several years, a commercial lease is most likely going to be your largest expense. It is well worth your while to work on negotiating a commercial lease.

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Incorporate in Nevada, Illinois or Delaware?

Incorporate in Nevada, Illinois or Delaware?

A very common question I’m asked every day by clients is should I incorporate in Nevada, Delaware or Illinois.  And my first question to each of them is, where are you doing business?  It’s true that Delaware has long been the state of choice for incorporating due to...

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Do I Need a Lawyer?

Do I Need a Lawyer?

Do I need a lawyer to incorporate an S Corp, C Corp, LLC, Non-Profit, 501c3, TM or to create an Estate Plan, Trust, Will, Powers of Attorney or Living Will?

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Annual Business Maintenance

Annual Business Maintenance

So you’ve incorporated and finished your corporate book and started your business, so you’re done with the paperwork right? Wrong! With every Corporation, S Corp, LLC, Series LLC or Non Profit comes annual paperwork and resolutions throughout the year. It’s a...

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Illinois vs. Delaware LLC

Illinois vs. Delaware LLC

LLCs have been around for more than 20 years, and during that time the Uniform Limited Liability Company Act was introduced.  However, each state has their own set of statutes for LLC.  So which should you choose?  Illinois vs Delaware LLC?  While both are considered...

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