Monthly Archives: January 2015
Beneficiaries: How to Deal With a Rogue Executor or Trustee
Last April I blogged about The 3 Habits of Highly Effective Trustees and Executors. As a reminder, they are: (1) Read (re-read) the trust and/or will (and follow the terms); (2) Communicate with beneficiaries — early, often and well; and (3) Document and keep records. But what if you’re the beneficiary of an estate… Read More »
2015 Estate Tax Summary
Previously I wrote summaries of estate and gift taxes for 2013 and 2014. As with last year, the changes this year are primarily inflation adjustments. The unified federal estate, gift and GST tax exemption rose from $5.34 million in 2014 to $5.43 million in 2015 (big fun for those who like to transpose numbers!)…. Read More »
Article by Jeffrey R. Gottlieb Published in Illinois Bar Journal
The January 2015 edition of the Illinois Bar Journal features a lead article written and published by yours truly, entitled “A New Weapon Against Elder Abuse: Presumptively Void Transfers to Caregivers.” CLICK HERE FOR A PDF OF THE ARTICLE The construct for the article began right here as a blog post on September 2,… Read More »
20 New Illinois Laws to Know for 2015
Happy New Year! As the new year rings in, so do new Illinois laws taking affect. Roughly 220 new Illinois laws went into effect on January 1, 2015. Most are mundane and relatively uninteresting. But there are quite a few noteworthy new laws this year. Briefly summarized below (with links to the statute) are… Read More »