I wanted to personally update all past, current and future clients regarding the coronavirus impact on my office and on estate planning and probate in general.
My family and I are doing well, and I hope you are too. I
The Law Offices of Jeffrey R. Gottlieb, LLC is a legal practice based in northwest suburban Palatine, Illinois, specializing in estate planning and estate administration. The firm provides services including wills, trusts, estate tax planning, probate, trust administration, and related litigation. It serves clients primarily in the Illinois area, offering personalized legal assistance for estate and trust matters. The firm maintains a blog that covers topics such as changes in estate and gift tax laws, probate court updates, retirement account planning, and practical guidance on estate planning and administration. The content is aimed at informing clients and the public about legal developments and practical considerations in trusts and estates.
Last week I summarized the 2018 rates and exemptions for gift, estates and trusts. Compared to the major tax code reforms to personal and business taxation, the estate tax changes appear relatively straightforward.
The estate tax was not repealed, but…
If you haven’t already heard, Bob Glorch is retiring from the practice of law next week, at the end of 2017. Bob retires after a 50-year distinguished legal career focused on estate planning.
I had the great fortune of being…
In an unexpected move, the IRS announced in Rev. Proc. 2017-34 (June 9, 2017) that estates who failed to file an optional estate tax return (Form 706) to elect “portability” of a deceased spouse’s unused exemption (DSUE) now have until…