Schedule a Consultation
Call Us Now!
Your Community Law Firm

Schaumburg Estate Tax Attorneys

Our experienced and affordable Schaumburg estate tax attorneys will handle your advanced estate tax planning that assists you in eliminating or minimizing estate taxes from your estate. We assist with the creation of detailed estate plans that minimize Schaumburg estate taxes but also can help with existing estate plans to mitigate costs.
Schedule a Consultation
Smiling womanAttorney Kevin O'Flaherty

"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"

Top 3 Qualities to look for in Your Attorney

Watch Our Video

We believe your attorney should not speak in legalese

Finding an attorney who is a “real person” can be difficult. Many attorneys surround themselves almost exclusively with other attorneys and are accustomed to speaking in ivory tower legalese.  You should be able to connect with your attorney on a personal level, and he or she should speak to you in plain language that you can understand.  You will be working very closely with this person on issues that are very important to you. It is important that he or she be down-to-earth and someone that you connect with.

We believe your attorney should be accessible

The most common complaint that clients have of their attorneys is that the attorney is unreachable, does not communicate with them regularly, or does not promptly return your calls.  Your attorney should reach out to you about your case regularly and respond within 24 hours to calls and e-mails.  An open line of communication between you and your attorney is essential to building trust.

We believe your attorney should be realistic with you about costs and outcomes

Your attorney’s goal should not be to win at all costs.  Rather, it should be to achieve a favorable outcome for you as efficiently as possible.  It is important that your attorney set realistic expectations at the outset as to the costs you should expect, the concerns that the attorney has about the outcome of your case, and the length of time that you should expect your case to take.

Regardless of the nature of your case, we have an experienced attorney who will focus on your individual needs. Our team of attorneys works closely together, bringing each of their different fields of experience to bear in order to optimize our client care.

See why we are trusted

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.

Christi M.

"I've used Kevin and his firm's services since 2011. He gave undivided attention to my cases, advised me on different options and..."

Marvin

"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"

Rachel B.

"...your articles on the changes to the child support law are very well-written and informative.”

Julianne

“It’s good to open the door of creative vision to offer a service that may motivate other attorneys to do the same. Keep up the good work.”

LuQman

"Great set of articles. I was divorced in 2014 with one child and would have certainly considered you had I seen these types of articles then."

DJ

More information about our Schaumburg Estate Tax Attorneys

Our experienced and affordable Schaumburg estate tax attorneys will handle your advanced estate tax planning that assists you in eliminating or minimizing estate taxes from your estate. We assist with the creation of detailed estate plans that minimize Schaumburg estate taxes but also can help with existing estate plans to mitigate costs.

Expertise Best Child Support Lawyers in Chicago 201710 Best 2016 Client Satisfaction American Institute of Family Law AttorneysAvvo Clients' Choice 2016 DivorceRising Stars Kevin P. O'Flaherty SuperLawyers.com10 Best Law Firms 2018 Client Satisfaction American Institute of Family Legal Counsel Attorneys Estate Planning Law40 under forty

Contact Us

Please contact our friendly lawyers to Schedule a Consultation.

(847) 220-8191
schaumburg@oflaherty-law.com​

What to Expect From a Legal 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.

Schedule a ConsultationLearn More About The Firm

Location

Office Address

1251 Plum Grove Rd Ste. 130-M

Schaumburg, IL 60173

Get Directions
Google My Business
Bing

Hours of Operation

Monday
9:00am - 6:00pm
Tuesday
9:00am - 6:00pm
Wednesday
9:00am - 6:00pm
Thursday
9:00am - 6:00pm
Friday
9:00am - 6:00pm
Saturday
Closed
Sunday
Closed

Attorneys

Meet the Owner

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!

- Attorney Kevin O'Flaherty, Owner

Further Reading from our Schaumburg Estate Tax Attorneys

How to Avoid Estate Taxes in Schaumburg

In this article, our Schaumburg estate tax attorneys discuss some of the tools available that help to reduce taxes in Schaumburg estates by using irrevocable trusts. Federal and state estate taxes are placed on the assets of a deceased individual over and above that individual’s lifetime gift and estate tax exclusion limit.  

Someone who seeks to reduce the amount of taxable assets in their 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.

Read more by our Schaumburg estate tax attorneys on bout how to use irrevocable life insurance trusts for your Schaumburg estate tax planning goals.


Watch Our Video

Using Gifts to Reduce Chicago Estate Taxes

Gift taxes are taxes levied on certain gifts made. These taxes are applied to the giver and not the recipient of the gift. These taxes are applied only if it is over the federal exclusion amount and the person giving it has used their lifetime exclusion. In this article, our ChicSchaumburgago estate tax attorneys explain gift taxes in Illinois and also on the federal level and answer questions including:

  • What is gift tax
  • What is the gift tax annual exclusion amount?
  • What is a “present interest gift” for gift tax purposes?
  • What is lifetime estate and gift tax exclusion limit?
  • Does Illinois have a gift tax?
  • Are transfers to trusts subject to gift tax?
  • When is a gift tax return required? and,
  • Are donations to charities subject to gift tax?

Read the full article by our Schaumburg estate tax attorneys on how gifts affect tax obligations in Schaumburg estates.

Watch Our Video
Legal articles, videos, and podcasts

Learn About Law

Rights of Employee with a Disability in Illinois - Short Term Disability

View Article
Litigation & Dispute Resolution

What Happens When You Get Served With a Lawsuit?

View Article
Family Law & Divorce

Complete Guide to Common Law Marriage States in 2024

View Article