As we enter the 4th quarter, you will need to start planning for a new set of income tax rules. The Tax Cuts and Jobs Act was the most sweeping tax reform in 30 years. In this issue, we will go over many of the rules affecting … [Read more...] about ESTATE PLANNING AND TAX NEWS, YOU CAN USE – FALL, 2018
IMPORTANT YEAR END PLANNED GIFTS
With nonprofits now in the midst of their year-end fundraising campaigns, make sure you don’t forget about two important planned gifts that can make a big tax difference for donors. Gifts of appreciated securities – a donor can give you appreciated securities they have owned for one year or … [Read more...] about IMPORTANT YEAR END PLANNED GIFTS
Setting Up a Power of Attorney in Illinois
The Power of Attorney is one of the more important estate planning tools that you can have. Through this legal document, you'll appoint a person, typically a close relative, to help handle your affairs or take care of what you're not able to do (when you're not able to do it). Generally, a power of … [Read more...] about Setting Up a Power of Attorney in Illinois
5 Ways an Illinois Estate Planning Attorney Can Help
Estate planning is a fundamental endeavor that most people should consider, whether or not the plan involves a huge estate and complex finances and needs. Some estate plans can be as simple as a last will and testament and power of attorney. Either way, having a Chicago IL estate planning attorney, … [Read more...] about 5 Ways an Illinois Estate Planning Attorney Can Help
Why Use an Estate Planning Attorney For Wills and Trusts
As a short, general definition, estate planning is the process of choosing among alternatives to ensure greater financial security during your life so that you can provide for your heirs upon your death. Typically, some of the alternatives include last wills, living trusts, health care directives, … [Read more...] about Why Use an Estate Planning Attorney For Wills and Trusts
