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...
Do you want Illinois law to dictate where your assets go upon your death? And do you really want to pay more legal fees, court costs and other expenses than necessary? Do you want your loved ones fighting each other over who will be in charge of administering your...
The 10-year rule, applicable to most trusts that will receive retirement benefits after passage of the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), presents a dilemma for non-Roth individual retirement accounts. For the vast majority of...
Section 327 of the SECURE 2.0 Act of 2022 (SECURE 2.0 Act), effective in 2024, which modified Internal Revenue Code Section 401(a)(9)(B)(iv), will provide over which may be quite advantageous to the subsequent beneficiaries (especially if they’re eligible designated...
Companion chart to "Incomplete Gift, Non-Grantor Trusts - Not Just for State Income Tax Avoidance" and "Spousal Lifetime Access Non-Grantor Trusts" CLE/article/webinars, compiled by Ed Morrow III, J.D., LL.M. (tax), CFP® - permission to reprint with continued...
What began as a devastating guardianship issue evolved into a multifaceted legal success encompassing guardianship, estate planning, asset protection, and a significant wrongful death victory. Our team's dedication to listening to clients, asking the right questions,...
Transcription below: Good afternoon. Thank you for joining us for an important Corporate Transparency Act update. My name is Amy Rizzo and I am the marketing manager here at Kelleher and Holland. Our speaker today is Jonathan Fox, the co-chair of the corporate...
Section 327 of the SECURE 2.0 Act of 2022 (SECURE 2.0 Act), effective in 2024, which modified Internal Revenue Code Section 401(a)(9)(B)(iv), will provide over $1.1 billion in estimated new tax benefits for surviving spouses and trusts for them, but it also...
We are excited to welcome Ed Morrow to team KH! Ed is nationally recognized as a legal thought leader. His areas of concentration include estate + trust planning, asset protection and business succession planning for high net worth clients. "With his deep knowledge...
Kelleher + Holland, LLC was named one of the 2024 Best Places to Work for the third year in a row! This statewide survey and awards program was designed to identify, recognize and honor the best places of employment in Illinois, benefiting the state's economy, its...
