What is a Donor Advised Fund and How Can it Supercharge your Charitable Giving
Do you have assets that are worth way more than you paid for them? These might be stocks, bonds, mutual funds, or even more obscure investments like privately held S-Corp shares or hedge fund interests. Do you give to charity? These could be a number of charities such as your local church, school, hospital, or […]
The Illinois Estate Tax and You
Most people think that the estate tax is something only the extremely wealthy have to deal with, but that is not necessarily the case— especially if you are a resident of Illinois. $4 million dollars may sound like a lot of money, but if you are a farmer or a business owner you may be […]
What are estate taxes and how will they affect me?
The US Federal estate tax, also known as the inheritance tax or the death tax, is a tax levied upon the total value of an individual’s estate upon their death. It is actually one half of the Unified Gift and Estate Tax system, the other half being the gift tax — a topic for a […]