DuPage County Tax Planning Attorney serving Illinois and Florida

Gift and estate tax laws and regulations change frequently and courts constantly interpret the laws to provide for new planning opportunities. You need an attorney who focuses on these matters to be able to provide you up to date counsel.

Ellsworth Law, LLC has comprehensive experience advising clients on strategies that fit their personal situation in order to minimize estate, gift, and income tax liabilities. Planning strategies often incorporate irrevocable trusts, and may include holding companies for asset protection purposes.

Over the years, we have prepared many different types of trusts to minimize taxation, provide asset protection, and to solve specific situations for both Illinois and Florida clients. These trusts have very industry specific names, but include the following, among others: Irrevocable Life Insurance Trust (ILIT), 2503(c) Trust, Gifting Trust, Inheritance Trust, Spousal Lifetime Access Trust (SLAT), Intentionally Defective Grantor Trust (IDGT), Grantor Retained Annuity Trust (GRAT), Charitable Lead Annuity Trust (CLAT), and Charitable Remainder Annuity Trust (CRAT) to name a few.

Call an Illinois and Florida Gift and Estate Tax Lawyer

Ellsworth Law, LLC can help if you are concerned about how gift and estate taxes may affect you. Contact us to schedule a free consultation. Ellsworth Law, LLC serves clients primarily throughout Cook, and DuPage, Lee, Collier, and Miami-Dade Counties.