One consideration in any will and/or estate plan is the type of taxes your beneficiaries could potentially face when the time comes. Will they forfeit their inheritance or at least some of it? Will they face taxes that exceed what they receive, or significantly impact their yearly income? It’s … [Read more...] about Inheritance Tax And An Estate Tax In Glenview, IL?
Do you want to make sure that your favorite charity or charities are provided for after you’re gone as well as reduce the tax burden on your estate? Would you like the opportunity to earn revenue from an asset without selling it? There is an answer. The Charitable Trust These are also … [Read more...] about Charitable Trust Distribution Requirements in Illinois?
When constructing your estate plan, it’s important to consider the variables that can happen and discuss them with your estate planning attorney. Once you’re gone, you can’t go back and change anything, especially in your will. During the course of the probate process, your will could be … [Read more...] about What Does The Term “Probate Caveat” Mean And What Is It For?