This article explains the peculiarities of the Illinois estate tax and the subsquend and considerable change in estate planning strategies.

On December 22, 2017, President Donald J. Trump signed into law the “Tax Cuts and Jobs Act” (the “Act”). The Act is the most comprehensive tax bill passed ...

I I'm really proud of this article, as it was published in the April 2018 edition of Trusts and Estates magazine, a prestigious legal publication. Taking int...

Here's a video discussing common estate planning mistakes that many of my clients seem to continually make in their estate plans. For example, assets with b...

President Trump, living up to his campaign pledge rolled out his tax reform proposals today. As reported by The Hill the major components of the plan are: -...

With “Dynasty Trust”, estate tax savings can be enormous. If we presume that estate taxes are applied to each generation, you could save up to 65% of your es...

A common and costly estate planning mistake is the improper drafting of beneficiary designations for IRA and other retirement assets. Typically, major tax sa...

Family members should not always receive their inheritances outright at your death. Trust distributions can be delayed for age or educational achievements a...

Law Offices of Robert J. Kolasa, Ltd. in Lake Forest, Illinois, provides custom estate planning, tax, asset protection and probate services.