Asset protection planning is the process of building barriers around your assets. Estate planning generally consists of creating a plan for preserving and distributing your assets after you die.
What Are The Steps of the Probate Process in Florida? Probate is a court-supervised process for identifying and gathering the assets of a deceased person (decedent).
Stay informed on the latest Florida Sales Tax updates for 2023 with Jostock & Jostock. Explore key changes and insights in our comprehensive guide to ensure compliance and financial success.
Many individuals dealing with the death of a loved one inevitably ask the question of do I need a probate lawyer. In most cases, the answer is affirmative. Yet, there are some exceptions.
Unlock Employee Retention Credit Refund Opportunities with Jostock & Jostock - Explore how our experts can help you maximize tax benefits and boost your bottom line. Learn more today!
Discover the crucial moments when employees should seek an employment lawyer's guidance. Explore expert insights at Jostock & Jostock to protect your workplace rights and make informed legal decisions.
If you’re asking the question, “do I need an estate planning attorney”, the answer is yes if you want to minimize the tax burden on your family upon your death.
The Employee Retention Tax Credit can help you recover from the financial hit you may have suffered during the pandemic. Here’s how you can leverage it in 2023.
Explore the tax implications of converting your business from a C Corporation to an S Corporation. Understand the advantages and considerations of this transition.
For many small and family owned businesses, the death of an owner, CEO, president, member, managing partner or other key employee (hereinafter “key person”) can be devastating to the life and sustainability...
In Illinois, a decedent’s decision to change the beneficiary designation on a life insurance policy, individual retirement account, transfer on death account or other similar instrument may be effective ..
Illinois Senate Bill 397, which was signed into law in December of 2011 amended the Illinois estate tax exemption and increased the amount for 2012 going forward.
A letter of intent for the purchase/sale of a commercial real estate parcel (“LOI”) is essential to the contract negotiation process and must be handled properly.
The Illinois Department of Revenue issued a statement that Illinois couples who entered into civil unions under 750 ILCS 75/1 et seq. will be able to jointly file their 2011 state income tax returns.
When converting a C-Corporation to an S-Corporation there are many issues that must be accounted for and taken into consideration prior to making the election.
NET EARNINGS FROM SELF-EMPLOYMENT.–The term “net earnings from self-employment” means the gross income derived by an individual from any trade or business carried on by such individual, less the deductions allowed by this subtitle [subtitle A] which are attributable to such trade or business, * * *.
Generally, there are three types of restrictive covenants that are used in employment contracts, namely, noncompete, nonsolicitation and nondisclosure provisions.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, P.L. 111-312 passed on December 16, 2010 and enacted into law on December 17, 2010 retroactively reinstated the federal Estate tax for ..
The Federal Worker Adjustment and Retraining Notification Act (“WARN Act”) governs permanent layoffs caused by plant closings and reductions in the workforce.
In IRS Private Letter Ruling No. 201117011 released April 29, 2011 the Commissioner granted a taxpayer a 120 day extension to make an election under section 469(c)(7)(a) of the IRC to treat all of his rental real estate..
On April 20, 2011, The United States District Court for the Northern District of Illinois stated in Federal Deposit Insurance Corporation, as Receiver for Ravenswood Bank v. Republic Title Company (2011 WL 1526817) as follows:
Illinois Power of Attorney Act Amendments - Stay updated on recent changes to the Illinois Power of Attorney Act. Expert insights and guidance are available.
Asset protection planning is the process of building barriers around your assets. Estate planning generally consists of creating a plan for preserving and distributing your assets after you die.
What Are The Steps of the Probate Process in Florida? Probate is a court-supervised process for identifying and gathering the assets of a deceased person (decedent).
Stay informed on the latest Florida Sales Tax updates for 2023 with Jostock & Jostock. Explore key changes and insights in our comprehensive guide to ensure compliance and financial success.