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September 07, 2008

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Estate Planning Topics

An Estate is the entirety of a property, real and personal, owned by an individual prior to distribution through a trust or will. There are many different topics related to this particular legal practice area. We invite everyone to read up on the following topics related to Chicago Estate Planning Law.

Our Chicago Estate Planner can assist you with any of the topics below:

Trusts
Wills
Uniform Probate Code
Gift Tax
Dynasty Trust
Joint Tendency
Brokerage Accounts
Retirement Plans
Savings and Checking Accounts
Insurance Policies
Business and Partnership Interests
Debt Personal Property

Contact our Chicago estate planning attorney now.

Did You Know?

A "Family Limited Partnership" can be used to own and manage your property
In a similar manner to a Trust, but allowing additional tax planning techniques to be employed. Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize federal and state estate/death/inheritance taxes as well as provide elements of asset protection.

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	Latest news about Financial & Estate Planning in Chicago and nationwide: Egyptian Man Pleads Guilty To Alien Smuggling Charges WASHINGTON—An Egyptian man has pleaded guilty to smuggling nearly 100 individuals from Middle Eastern countries into the United States, Assistant A... Read more > Committee To Present Adams Pro Bono Publico Awards In recognition of outstanding commitment in providing volunteer legal services for the poor and disadvantaged in Massachusetts, Supreme Judicial Co... Read more > Study Shows Progress of Women and People of Color Among Legal Professionals WASHINGTON - A new study by the U.S. Equal Employment Opportunity Commission (EEOC) entitled "Diversity in Law Firms" reveals that women now compri... Read more > More Estate Planning News >

Estate Planning Terms

Today's Terms

Transfer Tax

Definition:
The combined Federal Estate and Gift tax. A single exemption credit applies whether the property was transferred during a person's lifetime (gift tax) or is held by a person at the time of his/her death (estate tax).

In-Terrorum Clause

Definition:
A provision of a will or trust that disinherits a person in the event that he/she challenges the terms of the will or trust. Sometime called a No-Contest Clause.

Federal Estate Taxes

Definition:
Taxes imposed by the US Government on the value of a person's estate upon his or her death.

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Estate Planning Resources

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Estate Planning Hot Topics

Topics Related to Estate Planning:

Trusts
Wills
Uniform Probate Code
Gift Tax

Chicago Estate-Planning Attorney

If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

Arlington Heights
Aurora
Bartlett
Berwyn
Bolingbrook
Buffalo Grove
Carol Stream
Chicago
Chicago Heights
Cicero
Des Plaines
Elgin
Glenview
Granite City

Harvey
Joliet
Lockport
Lombard
Mchenry
Moline
Mount Prospect
Normal
Oak Lawn
Palatine
Plainfield
Tinley Park
Waukegan
Wheaton

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Chicago Estate Planning Law Firms.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.