Tax Planning Attorneys in Illinois
Lawyers for Estate, Gift, and Inheritance Tax Planning
At Sosin, Arnold & Schoenbeck Ltd., we understand that a properly developed estate plan can offer you the security and peace of mind that comes from knowing that your family's future is fully protected. For many individuals and families, part the estate planning process includes maximizing your loved ones' inheritances by taking steps to minimize your tax liabilities.
Our skilled attorneys have been helping clients throughout Northern Illinois with their estate planning concerns for more than 35 years. In that time, we have earned a well-deserved reputation as a law firm focused on meeting and exceeding our clients' expectations by providing exceptional, personalized estate planning services.
Comprehensive Tax Planning
Our firm recognizes that tax minimization is typically one of several key goals of our clients in undertaking estate planning engagements. Clients often also wish to preserve simplicity in their plans to the greatest extent feasible and develop plans that encourage the proper development of their beneficiaries and protect their families from creditors and other circumstances. We ensure that we understand our clients’ objectives and their relative priorities. In planning to minimize gift and estate taxes and optimize asset holdings for income tax purposes, we take all of our clients’ goals and objectives into account to provide them with the custom-tailored solutions they deserve.
As a full-service estate planning and estate administration law firm, we offer responsible, practical legal guidance. With more than 100 years of combined experience, we have the knowledge and skills to help clients reduce their tax liabilities and protect their hard-earned assets.
Planning for Charitable Giving
Many of our clients wish to incorporate lifetime or testamentary charitable giving in their estate plans. At Sosin, Arnold & Schoenbeck Ltd., we regularly advise our clients with regard to the various trusts, private organizations, and other means by which they can make those gifts. Charitable donations can provide donors with significant income tax or estate and gift tax deductions. Many of the methods of giving permit donors to retain varying degrees of control over how the money they donate is allocated among charities. Still, others permit donors to stretch out the tax benefits of the donations they make over a period of time. At Sosin, Arnold & Schoenbeck Ltd., we can assist you with evaluating the various charitable giving strategies available to you and with selecting and crafting the strategy that best satisfies your unique goals and expectations.
The lawyers at Sosin, Arnold & Schoenbeck Ltd. are happy to assist you with estate and gift tax planning. Contact us at 708-448-8141 to learn how our experience and skill can work for you. At our firm, we offer fixed fees for most estate planning services.