News

Illinois Law Update

Illinois has enacted several new laws of significance taking effect with the new year: Firearms Restraining Order Act:  A law enforcement officer or a family member (defined to also include an unrelated person living in the same household) may now petition the court to have a person’s firearm removed from his or her possession and […]

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News from the Office

Ryan Stodden has been appointed by the Illinois State Bar Association to serve on its Committee on Legal Technology to provide leadership and guidance to lawyers in adapting to new technologies. Charles Rudolph has been reappointed to serve on the ISBA’s Agricultural Law Section Council, which provides resources and information to lawyers relating to legal […]

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New Solar Energy Legislation

Following Illinois’ passage of a comprehensive energy bill in late 2016, setting minimum goals for renewable energy production and providing incentive for development, a number of developers have begun pursuing the construction of solar energy facilities. While only a small number of solar energy facilities have been completed in Illinois, the developers have been signing […]

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New Illinois Legislation

As usual, the new year brings with it a number of new laws into effect.  A number of noteworthy changes to Illinois law passed last year, including:  Unclaimed Property: In our last issue we addressed a change in Illinois law concerning the status of matured U.S. Savings Bonds.  That change created concern  over the status […]

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TAX CUTS AND JOBS ACT SUMMARY

In December 2017, the Tax Cut and Jobs Act was signed into law. It contains significant changes to taxation for businesses, individuals and estates, with temporary cuts to estate and personal income taxes, and permanent business tax cuts. In this issue, we will discuss some of the significant changes. Estate Tax and Generation Skipping Tax […]

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Estate Planning in 2017

How will Federal and Illinois Estate Tax affect me? Do I need a Power of Attorney for Property and Power of Attorney for Health Care? What is a Living Trust and should I have one? How will I pay for nursing home care—my own assets, long–term care insurance, Medicaid? How can I avoid probate? How […]

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Krug-Phillips Memorial Scholarship

The Highland Community College Foundation awarded the seventeenth annual Krug-Phillips Memorial Scholarship to Claire Tootelian (Lena).  This scholarship is awarded annually to strong performing Highland Community College students in their second year and has been endowed by Lyle and Jane Krug.

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