Articles

What Are the Different Types of Business Forms in Illinois?

What are the Different Types of Business Forms in Illinois? Date: 06/02/22 Author: Prime Law Group In 2021, almost 199,000 new businesses started in Illinois. If you are considering starting a business in Illinois, you need to know a few things about the process first. It’s important to determine your business focus and structure before starting your business. There’s no

What Is a 22.1 Disclosure?

What Is a 22.1 Disclosure? Date: 05/31/2022 Author: Prime Law Group While most people put a lot of thought into where they want to live, they may not think about whether or not the building is up to code. No one enjoys having to go through paperwork, but in this case, it may save you in the long run. In

How Long Do You Have to Report an Accident in Illinois?

How Long do You Have to Report a Car Accident in Illinois? Date: 05/25/2022 Author: Prime Law Group Have you been in a recent accident and need to know more about reporting a car accident in Illinois and how long you have to report one? In general, you will want to report a car accident to the police or to

When Does an Inheritance Become Marital Property?

When Does an Inheritance Become Marital Property? Date: 05/24/2022 Author: Prime Law Group Did you know that 2.3 in every 1,000 people divorce? If you are going through a divorce, know that you are not alone and there is plenty of help. Understanding your rights with inheritance and marital property is a question we often face. If you are wondering

How Do I Acquire a Business License in Illinois?

How Do I Acquire a Business License in Illinois? Date: 05/20/22 Author: Prime Law Group Did you know that there are more than 1.2 million small businesses operating in the state of Illinois? This means that millions of others have acquired a business license in Illinois and understand just how complex the process can be. Sure, starting a business in

How Often You Need to Update Your Estate Planning Documents

How Often You Need to Update Your Estate Planning Documents Date: 05/18/22 Author: Prime Law Group Whether you’re parents to very young children or you have great-grandchildren, at some point, you’ll be leaving your estate to someone. According to SmartAsset.com, retired Americans expect to leave, on average, $177,000 to their heirs. That’s a lot of money that could go to

Why You Need to Hire a Workers Comp Lawyer in Illinois

Why You Need to Hire a Workers Comp Lawyer in Illinois Date: 05/17/2022 Author: Prime Law Group Every year more than 2.7 million nonfatal work injuries occur across America. If you are involved in one of these then you may have to take time off work, cover expensive medical bills, and process emotional trauma. Some injuries may also result in

McHenry County Real Estate Tax Bill

McHenry County Real Estate Tax Bill Date: 05/13/2022 Author: Prime Law Group The McHenry County real estate tax bills for the 2021 are out. Your property tax bill is based on assessed value of your property, any exemptions for which you qualify, and a property tax rate. Factors such as your property’s size, construction type, age, and location can affect

What Is a Durable Power of Attorney?

What is a Durable Power of Attorney? Date: 05/12/22 Author: Prime Law Group About half of adults have a power of attorney, with 73% of seniors over 72 having one. However, younger adults often fail to have estate planning documents like this. Only 41% of millennials have a power of attorney in place. Many people feel estate planning documents are

How Do I Get Custody of My Child? Your Essential Custody Guide

How Do I Get Custody of My Child? Your Essential Custody Guide Date: 05/11/2022 Author: Prime Law Group The nuclear family is melting down. 70% of children under 18 in 2020 lived with two parents. That sounds like a big number, but it’s a drop of 15 percentage points since 1968. More and more couples with kids are getting divorced.