Illinois Estate Tax Exemption: What Evanston Families Need to Know
A business owner calls, voice tight with stress. “My financial advisor just told me my estate will owe over $600,000 in Illinois estate taxes. I thought the exemption was almost $14 million?” This conversation happens often. People confuse the federal estate tax exemption with Illinois’s much lower threshold. While the federal exemption is $13.99 million […]
Federal Estate Tax Exemption 2026: What Evanston Families Need to Know
Major changes to the federal estate tax law affect your planning strategy “Wait, I thought the exemption was being cut in half next year?” This question comes up frequently when discussing the federal estate tax exemption for 2026. For years, families worried about a scheduled sunset that would dramatically reduce the amount they could pass […]
Strategic Estate Planning: Tax Insights for Illinois Individuals and Couples
As an estate planning attorney in Evanston, IL, I meet many people who know they should create or update their estate plan but feel overwhelmed by the tax implications and legal terms. If that sounds familiar, you’re not alone. My goal is to help you move from uncertainty to clarity—so you can stop putting this […]