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2018 Highlights!

By September 21, 2020No Comments
  • Tax Cuts and Jobs Act, federal estate tax exemption doubled, standard deduction increased, owning a smallbiz is more complex
  • GDPR (General Data Protection Regulation),
    92% of U.S. businesses are subject to this EU regulation
  • Federal Sr. Safe Act, encourages financial institutions to report the financial exploitation of seniors
  • Federal Uniform Protected Series Act, introduced new category of Series LLC
  • Craig v. Masterpiece Cakeshop, U.S. Supreme Court ruling that undermined LGBTQ equality
  • Illinois Secure Choice Savings Program, IL businesses with 25+ employees may offer state retirement savings plan
  • Illinois Uniform Power of Appointment Act, providing for future generations
  • Illinois Trust and Trustees Act, revised again to allow real property assignment to trust without deed recording

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