Estate Planning
August Business Bytes
This month’s Business Bytes highlights gift/estate tax exemption, cyber insurance confusion and social media liability. Gift/Estate Tax Exemption. While the Taxpayer Relief Act of 2021 increased the $5,000,00.00/$10,000.00 estate tax and...
Eric Wilen to Speak to Trust and Estate Attorneys
Eric Wilen was selected to participate in a Speaker Panel for the Illinois State Bar Association Trusts and Estates Section in the program entitled “Why Won’t the Bank Accept My Client’s POA? Bank Issues for T&E Lawyers and T&E Issues for Bank Lawyers.” The...
The DuPage Estate Planning Council Honors Eric Wilen
Eric Wilen was honored by the DuPage Estate Planning Council for serving as president for 2022-2023. Eric will remain on the board as a past president. The DuPage Estate Planning Council is an organization of professionals including attorneys, trust officers, bankers,...
Gift Tax Exclusion
On January 1, 2023, the federal gift tax exclusion increased dramatically by $860,000.00 or $1,720,000.00 for couples, for a total of $12.06 million. This could dramatically affect your giving, funding trusts and leaving inheritances to children and grandchildren....
February Business Bytes
This month’s Business Bytes highlights insurance coverage, website terms and financial exploitation foiled by estate plans. Don’t Underestimate Insurance Coverage. We advise our clients to always file a written claim with any carrier when an issue arises, as...
Eric Wilen Hosts a Judges Panel and Networking Event
Eric Wilen is the President of the DuPage County Estate Planning Council for 2022 – 2023. The DuPage County Estate Planning Council recently hosted a Judges Panel and Networking event at the Butterflied Country Club with the Honorable Bonnie Wheaton, the Honorable...
Married Same Sex and Unmarried Couples
Language in the recent U.S Supreme Court Dobbs v. Jackson decision regarding abortion raised concerns that the legal rights of unmarried couples of either sex and married couples of the same sex may be facing issues in the future, particularly in states that do not...
October Business Bytes
Our Business Bytes highlights recent publications, issues, events and successes that we think our clients and friends should know about. We seek out, sort, prioritize and summarize them for your quick review. Please contact us if you have any questions, issues or...
Eric Wilen named President of the DuPage County Estate Planning Council
Eric Wilen will be the President of the DuPage County Estate Planning Council for the 2022-2023 season. Eric has been an active member and past 20 years has coordinated the Council’s annual DuPage County Chancery Judges Panel. The Council is a professional...
Eric Wilen presents program: ‘Navigating the Estate Planning Client Through Common Myths and Competing Voices’
Eric Wilen presented his program “Navigating the Estate Planning Client Through Common Myths and Competing Voices” to the lawyers of the DuPage County Bar Association in June 2022. Eric discussed how estate planners can filter, evaluate and address clients’ most...
