Isaac Franco Archives - Gardi, Haught, Fischer & Bhosale LTD

Category : Isaac Franco

Category : Isaac Franco

The Series LLC Illinois Checklist

The Series LLC Illinois Checklist By Isaac Franco Businesses in Illinois now have the option of establishing “subsidiary (series) LLC’s” under a “Master LLC” —an option whose pros and cons may be assessed with a Series LLC Illinois checklist. By “establishing series” under a Master LLC, businesses can save on administrative costs while still obtaining

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Illinois HOA Legal Conflicts

How to Avoid Illinois HOA Legal Conflicts

How to Avoid Illinois HOA Legal Conflicts By Isaac Franco In our state, living in a neighborhood or condominium complex comes with obligations that must be upheld to avoid Illinois HOA legal conflicts. While having a HOA can offer many advantages in the way of environmental aesthetics, safety and community spirit, the trick to a

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Series LLC Operating Agreement

Five Important Goals of the Series LLC Operating Agreement

The Five Important Goals of the Series LLC Operating agreement By Isaac Franco A series LLC operating agreement varies somewhat from a traditional LLC operating agreement because of the way the businesses are each structured. A traditional LLC is a single legal entity with one set of owners (members) and assets, requiring a less complicated

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Illinois Series LLC

Illinois Series LLC: Three Legal Considerations

Illinois Series LLC: Three Legal Considerations By Isaac Franco Did you know that Illinois is one of only eight states in the country that allow the formation of Series LLCs? Where once companies with diverse business interests in Illinois had to establish multiple LLCs to limit their liability, they can now can do so in

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Ten New 2016 Changes in Illinois Law

A new year means new laws and changes to old laws in Illinois. As the New Year rang in, ten new, interesting changes took effect, beginning with the divorce process. 1. Divorces are now “no fault”. Illinois now joins a number of states who simply allow spouses to base their divorce on “irreconcilable differences that

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