Our law firm limits its practice to only estate planning. With more than forty-two years of legal experience, we have prepared over 5000 estate plans and administered more than 700 estates and trusts. We provide legal and tax counsel to our clients in areas such as living trusts, irrevocable trusts, wills, powers of attorney, family limited partnerships (FLP), limited liability companies (LLC), family business succession, qualified personal residence trusts (QPRT), charitable trusts, qualified domestic trusts (QDOT) for non-citizen spouses, probate administration, post-mortem trust administration, estate tax returns and other matters (go to our ESTATE PLANNING section and see "Understanding Estate Taxes" for more details on these planning techniques). Having administrered over 700 trusts after the trust creator has passed away, has provided us with a wealth of experience in the "back-end" of the trust process. This uniquely provides us the ability to incorporate that experience into the "front-end" of the trust process, when we draft your documents. This provide our clients with the highest quality estate plan. If you would like to know how our clients feel about the services we provide, see CLIENT REVIEWS.
As you can imagine, there are many choices and options available to you when you prepare your estate plan. How do you decide what estate planning "tools" are best for you? Making these decisions can be compared to walking along the table at a fine buffet restaurant. There are many items to choose from, but not all of the choices on the table may be appealing. You choose only those that appeal to you.
Based upon our experience, we are uniquely qualified to assist you in making your estate planning choices. One of the single most important things for us to do, is to listen to you and determine what your goals and objectives are. We will conduct a thorough and detailed analysis of what the assets in your estate consist of and who you want to leave them to. Then, a determination of the tax consequences (if any) of the transfer of those assets must be made. Any special needs of your beneficiaries should be explored so that your specific goals can be achieved. We will also give strong consideration to protecting your loved ones' inheritance from divorce and creditor claims, lawsuits, illness and disability. Most clients also request a plan that guarantees that the inheritance will pass from children to grandchildren, rather than to in-laws or other parties. We then prepare the plan that would best accomplish those goals. The tools we use in planning estates are often basic and easily understood, however, they can sometimes be complex and difficult to understand. It is our job to educate you in the operation of the more complex estate planning tools so that you, with the help of our advice, can make an educated decision about which planning tools you will select from the "buffet table."
Many of our clients are also looking for good, solid dependable advice with respect to their investment and retirement portfolios as well as their life and health insurance needs. We are lawyers and not financial planners or insurance agents. We do not hold any securities or insurance licenses and are not authorized to provide you with investment or insurance advice or purchase any financial products or insurance products. We do, however, have numerous trusted financial planning and insurance "team members" with whom our clients have worked for as long as twenty (20) years. We have chosen to work with these organizations because of their expertise, quality of work, ethical view on financial or insurance advice, integrity, and honesty. These are organizations that care deeply about their clients, often difficult to find in today's world of high commission, sell "the flavor of the day" financial advisors and aggressive insurance agents. We also appreciate the way they remain in constant contact with their clients, a rare quality in many financial planning and insurance organizations. We are pleased to provide their websites to you so that you can contact them directly to determine how they can help you. The first three (3) are financial advisor firms that are either "fee based" advisors, "commission based" advisors, or will work with you on either basis. They all offer education, regular reviews, handle retiree and pre-retiree planning, IRA roll overs, tax reduction planning and portfolio management. The websites for these three (3) organizations are: www.reznywealth.com, www.plataniafinancial.com, and www.kaluznafinancial.com. The last firm which we call your attention to is a broad based financial-insurance organization concentrating in health, life, and long term care insurance and will even provide you with a free analysis of your current insurance policies. It is www.brandtfinancial.com. We are confident that any of them can provide you with the appropriate financial, tax, insurance, and investment advice which you may require.
In addition to our law degrees, Mr. Kiselstein has completed post graduate tax law education in an advanced Masters of Law Tax law program in Estate Planning. Both attorneys hold active memberships in the Northwest Suburban Estate Planning Council (NWSEPC), Northwest Suburban Bar Association, and past memberships in the Chicago Estate Planning Council (CEPC). Mr. Kiselstein has been on the Board of Directors of the NWSEPC for more than thirteen (13) years and is the past President of that organization. All of these organizations have a chief objective of providing continuing legal education to attorneys (and accountants) in the fields of estate planning, elder law planning (including medicaid eligibility), and estate taxation. Both attorneys are regular attendees of conferences conducted by the IICLE (Illinois Institute of Continuing Legal Education) in Estate Planning, Special Needs Trusts, Probate Practice, Trust Administration, Family Limited Partnerships, Limited Liability Companies, and Business Succession.
When we are not working with our clients or "going to school," we lecture regularly in the Chicagoland area at public seminars at libraries, senior centers, park districts and local hotels. For a schedule of our upcoming free public seminars, click UPCOMING SEMINARS. We also conduct private seminars for such organizations as Motorola, United Airlines, Brunswick, Honeywell, GATX, UOP, Illinois Tool Works (ITW), National Association For The Mentally Ill, Loyola University, Illinois Institute of Technology, Rush Presbyterian St. Lukes Medical Center, U.S. Customs Department, U.S. Naval Officers Association, and others. Our commentary can be found in the Chicago Tribune and we can also be heard on Channel 26 TV and WBBM radio.
This information is designed to provide a general overview with regard to the subject matter covered and is not specific to any particular state. The authors, publisher and host are not providing legal, accounting, or specific advice to your situation. It is strongly suggested that you contact an attorney to provide you with legal counsel regarding your individual legal concerns and/or problems. IRS Circular 230 contains the IRS’s statement of standards of practice for written advice that tax professionals give to their clients. Current interpretation of these standards requires the inclusion in all of our communications of the following Notice: Opinions or statements contained in this document which relate to any federal tax matter are not to be used and cannot be used to avoid penalties that may be imposed on a taxpayer.