Learn what you need to know about 2025 estate planning and how to position your legacy for the future. The 2024 election has ushered in a pivotal moment for estate planning, especially for high-net-worth individuals. With significant tax changes on the horizon, now is the time to revisit and refine your estate plan to [...]
Navigating the ever-changing landscape of employment and business law is a constant challenge for business owners. Staying compliant isn't just about avoiding legal pitfalls; it's about fostering a fair and productive work environment that attracts and retains top talent. Illinois has seen significant legislative activity in this area, with several new laws taking effect [...]
As the holiday season brings family and loved ones together, it also offers an opportunity to reflect on the values, memories, and traditions that define your legacy. While holiday lights brighten our homes and hearts, estate planning can illuminate the path to securing your family’s future and ensuring your wishes are carried out. Here [...]
A recent federal court order has temporarily stopped the enforcement of the filing requirements for beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Therefore, at this time, reporting companies (existing and newly organized) are not required to file beneficial ownership information reports and will not be held liable for failing to do so while the [...]
The holiday season is a time for giving and reflection. As you consider your loved ones and the year ahead, it's also an opportune moment to think about your legacy and how you can make a lasting impact on the causes you care about. Charitable Giving and Estate Planning Incorporating charitable giving into your [...]
High-net-worth families have so much to be grateful for. Thanksgiving is a time for gratitude, family, and reflection. As you gather with loved ones to give thanks for your blessings, it's also an opportune moment to consider the legacy you wish to leave behind. For high-net-worth families, effective estate planning is essential to ensuring [...]
The holiday season is a time for joy, reflection, and gratitude. However, it's also a great opportunity to take stock of your business and personal affairs. As a business owner, you're likely busy with year-end tasks, holiday parties, and family gatherings. But don't forget to carve out some time to address your business and [...]
You've dedicated countless hours and immense effort to building a life of prosperity and success. It's a testament to your hard work, intelligence, and unwavering determination. But as your wealth grows, so does the complexity of ensuring your legacy lives on. Perhaps you've envisioned your children pursuing their passions without financial worry, or maybe [...]
For many high earners and families, estate planning often comes as an afterthought. However, putting an estate plan in place early can provide peace of mind, protect your loved ones, and ensure your assets are distributed according to your wishes. Here are some key life milestones when to create an estate plan and when [...]
As the seasons shift and we head towards the end of the year, many of us reflect on change. Yet, for high-net-worth individuals and families, there’s an upcoming “sunset” that may impact their financial future—one that’s not found on the horizon but rather in Washington, D.C. The current federal estate tax changes to exemptions [...]
