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Recent Blog Posts

NonProfit Startup

How Do You Start a Non-Profit?

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

Starting a non-profit is easier said than done. There are a number of formalities to follow and hoops to jump through in order to form your non-profit corporation, comply with all appropriate regulations, and obtain tax-exempt status. However, with the right legal guidance, you can get your non-profit off the ground and start pursuing… Read More »

Policies Concept with Word on Folder.

Recommended Policies for Nonprofits

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

For better or worse, a nonprofit shares some similarities with a business. Like businesses, nonprofits are subject to myriad regulations, taxes, and certain duties to owners, employees, clients, and even the public. To protect your mission and avoid unnecessary liability, it’s important to implement and enforce good governance policies. Governance policies are living documents… Read More »

Conference.

What Powers and Rights Does a Minority Shareholder Have?

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

Majority shareholders have significant authority over how a company operates. They can make decisions regarding mergers and acquisitions, elect corporate officers, and make other important decisions. Minority shareholders, on the other hand, have relatively little power. If they hold voting shares they can cast their vote, but unless they pool with enough other minority… Read More »

Close up focus on keys, smiling woman realtor selling apartment

Top Things to Look Out For in a Residential Real Estate Contract

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

Purchasing a home is often the first large business transaction for many individuals and families. Unless you are already experienced with contracts, investments, transactions, and financing, the residential real estate purchase and sale process can feel overwhelming. To demystify the process, our experienced Chicagoland residential real estate attorneys explain below several of the most… Read More »

PMHL, Ltd. “Adopts” Legal Clinic at Local Church

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

The law firm of Pluymert, MacDonald, Hargrove & Lee, Ltd. has accepted an invitation to adopt an Administer Justice clinic for the coming year. Administer Justice partners with churches to provide low-cost legal aid from caring teams of volunteer attorneys. Participating churches open their doors one Saturday each month to empower vulnerable neighbors with… Read More »

Tempia Courts

Tempia Courts Awarded The Volunteer Of The Year

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

Our own Tempia Courts was awarded Volunteer of the Year by the Hoffman Estates Chamber of Commerce & Industry. The award was presented as part of the Chamber’s annual Celebration of Excellence at a dinner held on Thursday, January 20th at the Chicago Marriott Northwest in Hoffman Estates. Read more here: Daily Herald: Hoffman… Read More »

Long Term Care

Protecting Yourself from Rising Costs of Long-Term Care

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

The costs of nursing homes, assisted living facilities, and full-time caretakers are skyrocketing.  Right now, the average annual cost for long term care in Illinois is around $84,000.  That cost may go as high as $152,000 in 2040.  Many people are surprised to find out that Medicare generally does not cover these services.  Thankfully,… Read More »

Hands reviewing real estate property documents.

Owner’s Title Insurance: Is It Necessary or Required for Homeowners?

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

While most people are aware of and understand the need for a homeowner’s insurance policy (which covers property damage in the event your house is damaged by fire, flood, theft, etc.), many are unfamiliar with or don’t understand what an owner’s title insurance covers. Is it mandatory in Illinois, and if not, do you… Read More »

Close-up hand stamping of businessman for signing approval on documents , business concept

Where Do We Stand With Remote Signature, Witnessing And Notarization Of Legal Documents?

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

The answer is: that’s a good question. Starting in March 2020, Governor Pritzker’s created an Executive Order (No. 2020-14) that authorized remote witnessing and notarization of various documents, including wills, trusts and powers of attorney, provided certain requirements were met.  All the parties had to be on video conference and see each other sign…. Read More »

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How to Make Charitable Giving Part of Your Estate Plan

By Pluymert, MacDonald, Hargrove & Lee, Ltd |

If you are charitably-inclined or if you are looking for ways to minimize income or estate taxes, charitable giving is an important financial and estate planning tool. How to maximize the value of giving will depend on your estate size, the amount and type of assets you want to give, and how to give… Read More »

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