Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.
"I've used Kevin and his firm's services since 2011. He gave undivided attention to my cases, advised me on different options and..."
"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"
Choosing the right law firm can change everything. At O’Flaherty Law, we pride ourselves on transparency, responsiveness, and personalized care. See how we compare to the industry standard.
Our Moline estate tax & administration lawyers utilize wills, trusts, special needs trusts, revocable living trusts and other legal resources to create and maintain an estate plan that suits your needs and our estate administration lawyers help you create and maximize your estate plans' potential to reduce or eliminate taxes on your estate.
Please contact our friendly lawyers to Schedule a Consultation.
The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.
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Davenport, IA 52801
I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team. Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys. Many of our clients are going through difficult times in their lives when they reach out to us. They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates. We are here to help!
Reducing the amount of taxable assets in a taxable estate can transfer ownership of existing life insurance policies to an irrevocable trust or create the trust and transfer assets and money into it. For more information how irrevocable trusts help to reduce or avoid estate taxes click on the link below.
In this article, our Moline estate tax attorneys examine the estate planning tools available that are used to help reduce estate taxes in Moline estates by using irrevocable trusts.
Our Moline estate tax attorneys explain gift taxes in Illinois and also on the federal level.
In this article, our Moline estate tax attorneys discuss gift taxes levied on certain gifts made. These types taxes are applied to the giver and not the recipient of the gift and are applied only if it is over the federal exclusion amount and the person giving it has used their lifetime exclusion.
In this article, Moline estate tax attorneys explain:
These similar types of irrevocable trusts can be used in sophisticated estate plans that assists in receiving assets from a taxable estate while also allowing it to receive a monetary benefit from assets during the plans' lifetime.