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Tag Archives: 2017

2017 New Laws

New Illinois Laws for 2017, Part 3: Real Property, Disability & More

By Jeffrey R. Gottlieb |

This is the third and final post in a series about new Illinois probate and estate laws taking effect in late 2016 or the beginning of 2017.  Read Part 1 and Part 2. In all, last year the Illinois legislature passed 192 new laws. To download a summary of all of them in an… Read More »

Unclaimed Property

New Illinois Laws for 2017, Part 2: Unclaimed and Abandoned Property

By Jeffrey R. Gottlieb |

This is the second in a series of posts about new Illinois probate and estate laws taking effect in late 2016 or the beginning of 2017. One of the primary tasks of an executor or successor trustee is to ascertain and marshal the decedent’s assets. As an attorney who regularly advises and assists executors… Read More »

Digital

New Illinois Laws for 2017, Part 1: Fiduciary Access to Digital Assets

By Jeffrey R. Gottlieb |

This post will be the first in a series of posts about new Illinois probate and estate laws taking effect in late 2016 or the beginning of 2017. I have been writing about the emerging issues surrounding estate planning for digital assets for several years (read all of my posts here). After years of… Read More »

2017

2017 Estate Tax Summary

By Jeffrey R. Gottlieb |

I previously provided summaries of estate and gift taxes for 2013, 2014, 2015 and 2016. As with the last few years, the changes at the beginning of this year are primarily inflation adjustments. For 2017, the unified federal estate, gift and GST tax exemption rises by just $40,000 — from $5.45 million in 2016… Read More »