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The owners of the LLC, called members, are protected from some or all liability for acts and debts of the LLC, depending on state shield laws. In the United States, an S corporation is limited to 100 shareholders, [b] and all of them must be U.S. tax residents. [c] An LLC may have an unlimited number of members, and there is no citizenship ...
The secretary of state of Illinois is one of the six elected executive state offices of the government of Illinois, and one of the 47 secretaries of state in the United States. The Illinois secretary of state keeps the state records, laws, library, and archives, and is the state's corporation registration, vehicle registration and driver ...
Duties of the DMV include enforcement of state and federal laws regarding motor vehicles. Many departments have sworn law enforcement officers who enforce DMV regulations that are codified in state law. In North Carolina, for example, the DMV contains an element known as "License and Theft." Stolen motor vehicles are tracked down by "Inspectors ...
When someone dies, all of their financial and non-financial assets are referred to as their “estate.” An estate can include bank accounts, property, investments, businesses, furniture ...
Recent findings from Ohio State researchers indicate that credit scores of surviving partners can fall by up to 10 points in the two years after the death of a spouse or partner.
What happens to a car loan when the owner dies? Laws regarding the debt of those who pass away are complex, and it can be a good idea to consult with a lawyer or financial professional to ...
In Illinois, the secretary of state is ex officio Clerk of the Court of Claims. [18] In addition, the secretary of state is responsible for the enforcement of state motor vehicle theft statutes and the regulation of the automotive industry. [19] In Indiana, the secretary of state is responsible for the regulation of auto dealerships. [20]
The amount of money required to probate a will can vary by state. It’s common, however, for the cost to range anywhere from 3% to 8% of the estate’s value. In terms of what’s involved, the ...