Saint Charles Estate Tax Attorneys | Estate Tax Lawyers, Saint Charles IL

Saint Charles Estate Tax Attorneys | Estate Tax Lawyers, Saint Charles IL

Our friendly Saint Charles estate tax attorneys have the skill and experience to assist you and your family in avoiding or minimizing federal and Illinois estate taxes in a cost-effective manner.

Our

Saint Charles Estate Tax Attorneys

Provide Excellent Service in:

Our Saint Charles Estate Tax Lawyers Can Assist you with All Of Your Estate planning Needs:

See if you qualify for a Tax Appeal

You Don't Have to Leave Your Home For Your

Estate Tax

Matter

In this video, attorney Kevin O'Flaherty describes ways you can receive legal services from the comfort of home.

Take the Next Step: Schedule a Free Consultation With Our

Saint Charles Estate Tax Attorneys

What to Expect From a Consultation

The purpose of a free 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. Although most consultations are complimentary, some may carry a charge depending on the type of matter and meeting location.

Please contact our friendly

Saint Charles Estate Tax Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of St. Charles

1121 E. Main St., Ste. 124B St. Charles, IL 60174

Phone:

(331) 254-3033

E-Mail:

saintcharles@oflaherty-law.com

Hours: 9 am - 7 pm Monday - Friday 11 am - 3pm Saturday 11 am - 2 pm Sunday

See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.  ​​​

Some of Our Accomplishments

Naperville attorney
DuPage County Probate Attorney
Learn More About Our Firm
estate tax attorney kane county il

Saint Charles Estate Tax Attorneys

Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.

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Saint Charles Estate Tax Attorneys

Saint Charles Estate Tax Attorneys | Estate Tax Lawyers, Saint Charles IL

Or Continue Scrolling Below to Browse some of our Most Helpful Articles

How Will the New Federal Tax Law Impact Illinois Estate Plans?

In this article, our Saint Charles estate tax lawyers explain the ramifications of the new federal estate tax law. Although the new federal estate tax exemption was recently doubled, the Illinois estate tax exemption remains at $4 million.  This means that estates with assets in excess of $4 million, including life insurance death benefits, will still be subject to Illinois estate tax. Even if your estate will not be subject to estate tax, if you own your home and do not have a proper estate plan that incorporates a revocable living trust, your estate will likely require a costly probate case. The upshot is, that for residents of Illinois, estate planning strategies should not significantly change based on the new federal tax law.

Read the full article by our Saint Charles estate tax attorneys explaining the new federal estate tax law.

Saint Charles estate tax lawyer Kevin O'Flaherty explains the importance of estate planning to avoid probate.

How to Minimize Estate Tax

In this article, our Saint Charles estate tax attorneys explain some of the strategies we use to minimize estate tax. These include:

  • Using revocable living trusts to allow couples to take advantage of one another's Illinois estate tax exemption,
  • Using irrevocable life insurance trusts to remove the death benefit of life insurance policies from the taxable estate; and
  • Using grantor retained annuity trusts and similar instruments (GRITS, GRATS, and GRUTS) to allow businesses, real estate, and other assets to accumulate in value without the accumulated value being part of the taxable estate.

Read the full article by our Saint Charles estate tax lawyers explaining tools we use to minimize estate tax for our clients.

Saint Charles estate tax planning attorney Kevin O'Flaherty explains how to minimize estate tax.

What Types of Taxes Have to Be Filed When Someone Dies in illinois?

In this article, our Saint Charles estate tax attorneys explain the various types of taxes that the executor or administrator of an estate may be required to file when someone passes away, including:

  • State and federal estate taxes;
  • State and federal final year income tax returns for the decedent; and
  • State and federal estate income tax returns.

Read the full article by our Saint Charles estate tax lawyers explaining the different taxes that have to be filed by an executor or administrator of an estate in Illinois.

Saint Charles estate tax planning attorney Kevin O'Flaherty explains how to minimize estate tax.

Further Reading From Our 

Saint Charles Estate Tax Attorneys