Blog Posts in January, 2012

  • Surprise! Illinois Increases State Estate Tax Exemption

    || 27-Jan-2012

    For Clients, Advisors and Community. Senate Bill 0397 was passed on December 16, 2011 as Public Law 97-0636. It provides mostly for technical changes in the Illinois Income Tax Law. At the end of the legislation it provides for an increase in the lifetime exclusion from the Illinois Estate Tax. For individuals dying prior to 2012, the lifetime exclusion from the Illinois Estate Tax was $2,000,000. ...
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  • Retirement Planning and Meeting the Client's Objectives

    || 4-Jan-2012

    The Wealth Counselor provides helpful information regarding how to use IRAs and retirement plans to transfer wealth, addresses common misconceptions on this topic, and explains the importance of naming a trust as beneficiary. In this blog article, we will begin by covering the basics. If after reading this explanation, you have any questions or concerns for your clients’ estate planning and ...
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Northbrook Estate Planning Lawyers
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