Learn how to plan for the risk that the Illinois estate tax might be assessed, even when the risk is a possibility rather than a probability. Consider several applicable estate planning techniques which will help reduce or eliminate the imposition of the Illinois estate tax for couples who have accumulated over $4.0 million of combined assets (including house, retirement benefits, life insurance, etc.). Understand portability under the federal estate tax.
Credits: 1 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR
Lorraine Cavataio, Sandberg Phoenix & von Gontard P.C., O’Fallon &
Stephen A. Frost, Huck Bouma P.C., Wheaton
Originally presented as part of Estate Planning for the 99%, available in its entirety as P1904-19U.