Spousal Lifetime Access Trust UPDATE: More Tax Benefits for Florida Residents Florida is known for being a destination for retirees to seek out warmer weather and a relaxed lifestyle. Contrary to historical trends, Florida is beginning to see a significant influx of younger individuals, families and businesses making the move due to the state’s tax […]
10
May
May
Kelleher + Holland, LLC was recently named as one of the 2022 Best Places to Work in Illinois. The awards program began in 2006 and is promoted by The Daily Herald Suburban Business.
06
May
May
Whatever your “family” looks like, this is the perfect time to consider those who are special to you.
30
Apr
Apr
If someone has named you as agent under a Durable Power of Attorney, you should understand your responsibilities and duties to the principal.
06
Apr
Apr
Before the onset of the COVID-19 pandemic, your business ran without a hitch. Supplies came in a timely manner. Employees came to work per usual. Contracts were performed and completed by the due date. Then, the world changed. Suppliers ran out of inventory and either filled orders late, or not at all. Similar problems arose […]
04
Apr
Apr
Although many advisors expected considerable and unfavorable revisions to estate and tax laws in 2021, last year’s legislative proposals resulted in little change. In fact, the 2022 federal gift and estate tax exclusion amount is now at an all-time high of $12.06 million. As this amount is scheduled to be reduced to $5 million (adjusted […]
Estate Trust + Administration
A Professional Trustee Could Save Your Family — In More Ways Than You May Think
04
Apr
Apr
When setting up an estate plan, one of the most important decisions that you need to make is who will manage your affairs following your death. This will be your Executor (named in your Will to handle your probate estate, as well as some other matters, such as tax filings) and your Successor Trustee (named […]
08
Mar
Mar
The laws surrounding digital estate management are not keeping up with developing technology; digital estate planning can help ensure your beneficiaries…
31
Jan
Jan
Kelleher + Holland, LLC is proud to recognize our attorneys’ latest achievements in the legal industry.
14
Jan
Jan
Effective January 1, 2022, employers will need to comply with significant new rules which restrict the use of employee non-competition and non-solicitation provisions.