Estate & Gift Tax Planning Strategies
With the new year just months away, now may be a great time to consider some year end tax planning. If you have a large estate, gifting during your lifetime can be a wise strategy to help reduce estate taxes.
With the new year just months away, now may be a great time to consider some year end tax planning. If you have a large estate, gifting during your lifetime can be a wise strategy to help reduce estate taxes.
Buckley Fine was a recent sponsor of the annual Folds of Honor Chicago Patriot Golf Day. We were delighted to support this event benefiting the families of injured or fallen members of the military.
Buckley Fine proudly announces Managing Partner Linda Fine's selection as a Crain’s Chicago Business 2022 Most Notable Women in Law honoree.
After a loved one passes, it can be difficult to settle their final affairs, especially if they did not have an estate plan in place. Without a Will or Trust, the state’s default estate plan will apply and likely have to be administered through a court probate. While every estate is different, the administration can be broken down into several key steps.
As inflation rises to its highest level since 1981 and interest rates continue to increase, now is a good time to reconsider certain gift strategies that work well in this economic environment.
As we currently face a bear market, ensure your retirement assets are properly positioned as the markets evolve. Learn how to accommodate required minimum distributions and other hurdles while protecting your savings.
The Buckley Fine team proudly sponsored a hydration station at the 2022 Classic Collectors Car Show in Downtown Barrington on Saturday, July 9.
If your college student is home for the summer, the next few months provide an ideal window of opportunity to sign powers of attorney before the next academic year. Parental access to a child’s medical and financial information is restricted following their 18thbirthday, limiting the aid parents can provide if their adult child experiences unexpected illness, injury or other difficult life circumstances.
Buckley Fine has partnered with experienced real estate tax appeal attorneys to help you in preparing strong appeals before this year’s deadline. If you are considering an appeal of a commercial, industrial, office or residential property, feel free to contact our real estate team for a recommendation.
At Buckley Fine, our Business Law team advises clients in a range of industries on everyday corporate matters as well as complex transactions. By dedicating the time to thoroughly understand each client’s unique business, our experienced attorneys offer tailored insights.