John J. Pembroke & Associates LLC
Call Our Law Office Today
847-696-0060

August 2017 Archives

How to get started with a charitable trust

If you want to protect your heirs from incurring large capital gains taxes on an asset that has increased significantly in value -- or if you want to sell an asset and benefit from the profits without getting hit with the taxes -- a charitable trust could be the right choice for your needs.

Art and estate planning: A delicate process of preparation

Some art investors have a knack for buying and selling works of creative inspiration. The investments they make can pay dividends as their art pieces climb in value. However, when you own a number of works of art that have increased in value significantly over the years, planning for how these assets will be transferred to heirs can be complicated.

Tax preparation advice for Park Ridge residents and businesses

Not all Illinois residents go to a tax accountant to prepare their tax returns. Some go to tax lawyers who can help them prepare their tax filings in a legally appropriate manner. Fortunately, many tax lawyers offer competitive rates that compare to accounting firms that perform similar services.

What are the benefits of a spendthrift trust?

A spendthrift trust is a special kind of trust for estate planners who are worried about gifting a large sum of money to their heirs all at once. Perhaps you're concerned that a teenage heir is too immature to handle a big inheritance. Or, maybe you have a someone you want to give money to, but he or she has a history of bad financial decisions. A spendthrift trust can give you peace of mind in these situations.

  • AV | Preeminent | Peer Rated for Highest Level of Professional Excellence | 2017
  • Illinois State Bar Association
  • Super Lawyers
  • The Chicago Bar Association
  • ABA | American Bar Association

Make Your Appointment Today

Find out how our experienced team can assist with your legal matters. Call our office in Park Ridge at 847-696-0060 or fill out the form below to schedule a confidential consultation.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy