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Tag Archives:  Asset Protection Attorney Chicago


DUELING EXEMPTIONS

Most people who are concerned about the payment of estate taxes concentrate their thoughts on the federal estate tax. Recently with the federal estate tax exemption having been increased to $5.34 million

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ILLINOIS APPELLATE COURT ALLOWS EX-MEMBER OF LONG TERM UNMARRIED RELATIONSHIP TO ASSERT A PROPERTY CLAIM FOLLOWING SPLIT UP

Over the past three decades, legislative enactments have had the cumulative effect of eliminating what had been the long-standing public policy of Illinois which treated unmarried relationships, whether

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ARE INHERITED IRAs EXEMPT FROM CREDITORS? WELL, IT DEPENDS.

Does an inherited Individual retirement account maintain its original exemption from creditor’s claims? Under Chapter 7 of the Bankruptcy Code, funds that are set aside for retirement needs need

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SHOULD YOU WAIT BEFORE IMPLEMENTING LIFETIME GIVING AND WEALTH PRESERVATION STRATEGIES?

Because property values and interest rates are at historic lows and the federal gift and estate tax exemption is at a historically high level, there are currently unprecedented opportunities to leverage

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