Trust Planning Opportunity and the 65 Day Rule
65 Day Rule Benefit for Trustees and Their Beneficiaries March 5, 2019 is the last day It’s not too late to take advantage of planning opportunities for certain trusts for 2018 tax filings. Irrevocable Trusts that do not require the trustee to make distributions of income to the beneficiaries can take advantage of the “65…
Read MoreEstate Planning Basics and Avoiding Probate With A Living Trust
One of the most important parts of the financial planning process is estate planning. Many people mistakenly believe that estate planning is only necessary for the wealthy. In reality, a basic estate plan is essential for everyone in order reduce uncertainty, eliminate unnecessary costs, and reduce stress for loved ones after a death. Estate Planning…
Read MoreHow Does The Illinois Estate Tax Affect You?
As we approach year end, it is important to review how your family may be impacted by an Illinois tax that does not receive much media attention: the Illinois estate tax. Illinois is one of twelve states to have its own estate tax separate from the federal estate tax. Estates that are exempt from the…
Read MoreDHJJ Financial Advisors Promotes Kathy Byrne to Principal
For Immediate Release Byrne offers investment management, financial planning, and retirement plan services NAPERVILLE, IL – September 28, 2018 – DHJJ Financial Advisors announces the promotion of Kathy Byrne, CPA, CFP®, to Principal. Byrne delivers investment management and financial planning for individuals and their families as well as retirement plan services for businesses. “Kathy truly…
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