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COVID-19: Emergency Financial Assistance for Illinois Small Businesses

In the wake of the coronavirus pandemic, the Illinois Department of Commerce and Economic Opportunity (IDCEO) has created three programs offering emergency financial assistance to small businesses. Under these programs, Illinois businesses with fewer than 50 employees can apply for low- interest loans and grants. The first program has an April 1st deadline, so…

COVID-19 Resources For Illinois Employers

Illinois Governor J.B. Pritzker has entered Executive Order 2020-10, which becomes effective March 21, 2020. With some exceptions, the Executive Order directs Illinois residents to remain at home and temporarily shutters many Illinois businesses. This Executive Order follows federal action that also affects Illinoisans and employers alike.

The SECURE Act of 2019 and Its Impact on Estate Planning

In December 2019, Congress enacted the Setting Every Community Up for Retirement Enhancement Act of 2019, or as it’s more commonly known, the “SECURE Act.” The SECURE Act took effect January 1, 2020 and changed many rules that govern your retirement plans and other tax deferred plans. As a result, changes may need to be made to…

Illinois Trust Code Changes in 2020

As of January 1, 2020, numerous changes to the law regarding trusts took effect in Illinois. Herein, we are focusing on the one change we think clients should be most concerned about: A trustee’s duty to inform trust beneficiaries of the existence of the trust and providing them with financial records regarding the trust.

Smart Asset Protection Strategies for Business Owners

Chances are, you know someone who has been sued. Maybe that someone is you. The fact is, your enviable position as a successful business owner comes with a major downside: You are a potential target for lawsuits (some of which may be frivolous and unfounded) and other attacks that can wreak havoc on your…

Firm Achieves “Best Law Firm” Milestone

With rankings in the 2020 edition of “Best Law Firms” by U.S. News and Best Lawyers®, Lawrence Kamin is among a small group of law firms that has been ranked every year since the award debuted in 2010. For a decade, the firm has consistently been recognized by…

Over My Dead Body: The Role of the Illinois Disposition of Remains Act in Disputes Over a Decedent’s Remains

Disputes often arise among family members when a loved one dies, including the disposition of remains.  These disputes are time sensitive. Death certificates must be timely filed and accurately reflect the method of disposition. Failure to do so could result in regulatory problems for involved parties. The Illinois Disposition of Remains Act, 755 ILCS…

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