By Edwin P. Morrow III, J.D., LL.M., MBA, CFP®, CM&AA® and Andrew J. Kelleher, Jr., J.D., CPA, LL.M. When it comes to estate planning, employing a diverse array of irrevocable trusts has emerged as an indispensable strategy for individuals aiming to preserve and...
By Donald J. Morrison, J.D. and Andrew J. Kelleher, Jr., J.D., CPA, LL.M., Kelleher + Holland, LLC Medical malpractice occurs when a healthcare professional fails to provide the appropriate standard of care, leading to harm or injury to the patient. A recent Johns...
Permanent life insurance is an often overlooked or underutilized asset class. With proper irrevocable trust planning, permanent life insurance can provide totally income tax-free and estate tax-free liquidity upon death to efficiently address estate taxes and keep...
As a business owner or professional in Illinois, you're navigating a complex landscape of federal and state regulations. While compliance is a priority, the potential for investigations and audits by various regulatory agencies is a reality that demands proactive...
Many of us have common objectives in estate planning. These include planning for potential disability, ensuring provision for our spouse and/or children or other loved ones, arranging for the distribution of our assets (and settling any debts) after our passing,...
By Donald J. Morrison and Andrew J. Kelleher, Jr., Kelleher + Holland, LLC Personal injury cases can be complex and emotionally draining, often involving serious physical, emotional, and financial repercussions. As attorneys, we have seen many clients unintentionally...
By: Michael J. Morrison & Madeline F. Kelleher On August 2nd, 2024, Governor Pritzker signed into law Senate Bill (SB) 2979, amending the Illinois Biometric Information Privacy Act (BIPA) by curbing the potential for massive damages and modernizing the law’s...
By: Andrew J. Kelleher and Edwin P. Morrow, Kelleher + Holland, LLC When it comes to protecting your wealth from taxes, think of it like catching the savory wave. If you’ve got significant assets and want to avoid a heavy tax hit, it’s time to consider SURFing—Step Up...
Estate planning helps to better ensure your wishes are carried out when you cannot handle your affairs. Those who are putting together an estate plan are wise to consider the various legal tools that can help achieve these goals. For those with more complex estates,...
The Corporate Transparency Act (CTA), which went into effect on January 1, 2024, will require owners of LLCs or small corporations to report additional identifying information on the entity and it’s owners to the U.S. Department of the Treasury’s Financial Crimes...
