Illinois Law Blog

Business Representation

At O'Flaherty Law we are your community law firm. Our DuPage Attorneys are committed to providing exceptional client service in a cost-effective manner in the areas of Family Law, Probate, Estate Planning, Civil Litigation, Guardianship, Criminal Defense, Corporate & Contract Law, Bankruptcy and Real Estate.

We were honored to recently be named as one of the Ten Best Attorneys for Client Satisfaction by the American Institute and to be the recipient of the Avvo Client's Choice Award for Divorce & Estate Planning.

DuPage Divorce Attorney | Naperville Attorneys

Charitable Trust Taxes and Exemptions

When it comes to tax breaks, charitable trusts are a win-win for both charities and donors, helping minimize donors’ income, estate, and capital gains taxes. High value assets like stocks are extremely vulnerable to capital gains and estate taxes, but under charitable lead trusts, donors can receive an immediate federal income tax deduction based on the trust’s value. Some of the largest and most influential private charitable organizations in the world were founded as charitable trusts.