ILLINOIS ESTATE PLANNING: Strategies and Pitfalls! New Information!

240 Oakbrook Center,Oak Brook IL 60523

13 September, 2022

Description

Presenters: Joan Ellen Smuda, Chief, Revenue Litigation, Chicago office of the Attorney General of Illinois Debra Anthony, Attorney at Law Barry Kozak, Attorney at Law This program will highlight issues and estate planning strategies in Illinois. 7:30am to 8:00am, Registration, Breakfast First Presenter: Joan Ellen Smuda, Chief, Revenue Litigation, Chicago Office of the Attorney General of Illinois (via live remote broadcast) How the Illinois Estate Tax must be calculated and paid, even if the Federal Estate taxes might not apply. (Surprise! Illinois Estate Taxes kick in at $4 Million) Second Presenter: Debra Anthony, Attorney at Law Options to draft trusts to avoid some of the provisions people don’t like of the Illinois Trust Code of 2020 (such as children being required to give annual accountings to grandchildren about trust funds) Third Presenter: Barry Kozak, Attorney at Law, Inter Vivos, PLLC How retirement assets and IRAs, and the associated Required Minimum Distributions, can be designed to minimize tax liabilities under Illinois and federal laws Q&A following presentations