• January 27, 2025
• by admin
• A.H.Steinmetz Ltd
• 2mins read

Understanding the Differences Between Limited Liability Companies (LLCs) and Corporations

When starting a business, one of the most critical decisions entrepreneurs face is choosing the appropriate legal structure. Limited Liability Companies (LLCs) and corporations are two of the most popular options. Both offer liability protection to their owners, but they

• January 27, 2025
• by admin
• A.H.Steinmetz Ltd
• 2mins read

Important Update to Illinois Power of Attorney for Property Requirements Effective

January 1, 2025 As of January 1, 2025, Public Act 103-994, codified at 755 ILCS 45/2-8, introduces significant changes to the requirements for Powers of Attorney (POA) for Property in Illinois. These updates are designed to clarify agent responsibilities, reduce