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Ep. 20 – What Is a PLLC…and Does My Business Need to Be One?

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Manage episode 413436954 series 1431461
Content provided by The Prinz Law Firm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Prinz Law Firm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Some states require that certain business entities register as a PLLC (or professional limited liability company) and not simply as an LLC (limited liability company). Business and employment attorneys Katie Rinkus and Rebecca Chmielewski discuss the distinction between LLCs and PLLCs and the requirements for forming a PLLC under Illinois law. They specifically address both how to convert an existing LLC into a PLLC and how to establish a company as a PLLC from the beginning. They also explain the nuts and bolts of filing the necessary documents and the potential penalties that can be levied for not being registered correctly. Tune in to learn all about PLLCs and whether your business needs to be registered as one.

Stay Connected & Learn More:

Read Katie’s blog post on PLLCs

IDFPR’s PLLC page

The Prinz Law Firm

Katie Rinkus

Rebecca Chmielewski

  continue reading

90 episodes

Artwork
iconShare
 
Manage episode 413436954 series 1431461
Content provided by The Prinz Law Firm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Prinz Law Firm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Some states require that certain business entities register as a PLLC (or professional limited liability company) and not simply as an LLC (limited liability company). Business and employment attorneys Katie Rinkus and Rebecca Chmielewski discuss the distinction between LLCs and PLLCs and the requirements for forming a PLLC under Illinois law. They specifically address both how to convert an existing LLC into a PLLC and how to establish a company as a PLLC from the beginning. They also explain the nuts and bolts of filing the necessary documents and the potential penalties that can be levied for not being registered correctly. Tune in to learn all about PLLCs and whether your business needs to be registered as one.

Stay Connected & Learn More:

Read Katie’s blog post on PLLCs

IDFPR’s PLLC page

The Prinz Law Firm

Katie Rinkus

Rebecca Chmielewski

  continue reading

90 episodes

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