by Manish C. Bhatia | Mar 31, 2011 | News + Trends
One of the benefits of Estate Planning is that it forces people to organize their assets, often realizing that they have additional planning needs or that they overlooked a significant detail that may have serious tax consequences. One such detail may be that the...
by Manish C. Bhatia | Feb 28, 2011 | News + Trends
The thought of your children having to grow up without their parents is, of course, a grim and terrifying notion, but proper planning can provide great peace of mind as well as efficient personal and financial care for your loved ones. Below, you will find a brief...
by Manish C. Bhatia | Feb 28, 2011 | News + Trends
On January 31, Governor Pat Quinn signed into law the Illinois Religious Freedom Protection and Civil Union Act (the “Act”), effective June 1, 2011, which recognizes the members of a civil union in Illinois as having the same rights as the members of a “spousal...
by Manish C. Bhatia | Jan 31, 2011 | News + Trends
On January 13th, Illinois Governor Pat Quinn signed into law the Taxpayer Accountability and Budget Stabilization Act (the “Act”)—legislation that received significant national attention due to the 66% increase in state income tax. However, the Act also addressed the...
by Manish C. Bhatia | Jan 30, 2011 | News + Trends
Mark Madoff, son of the infamous “Ponzi” schemer Bernie Madoff, executed a Will in late 2007. According to the New York Post, the Will set aside assets in trust for Mark’s two children from a previous marriage and his daughter from his current marriage and left the...
by Manish C. Bhatia | Jan 29, 2011 | News + Trends
Elizabeth Edwards, who passed away on December 7, 2010, left a Will which made a significant omission. The Will, signed on December 1, 2010, just days before her death, makes no mention of her estranged husband and former presidential candidate, John Edwards. John...
