Plan for Estate Taxes
While very few families will reach the federal estate tax threshold, some families are subject to the Illinois tax which starts at $4,000,000. If you are approaching or exceed this limit, it is important that you do proper estate planning.
For more help on how to plan for estate taxes, schedule an appointment with the attorneys at Knauf Law (previously Pankau Law). We are located in Addison, IL and serve clients throughout Cook County, DuPage County, and Kane County.