News & Articles

Newsletter Issue 3: Illinois Expands Statute to Amend Trusts

“A single conversation across the table with a wise man is better than ten years mere study of books.” – Henry Wadsworth Longfellow Read the Strauss & Malk LLP Newsletter: Issue 3: Illinois Expands Statute to Amend Trusts. November… Read More
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Categories: Newsletters

Newsletter Issue 2: The Last GRAT

“Sometimes when I consider what tremendous consequences come from little things, I am tempted to think there are no little things.” – Bruce Barton Read the Strauss & Malk LLP Newsletter: Issue 2: The Last GRAT. July 2009 Read More
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Categories: Newsletters

Newsletter Issue 1: Illinois Estate Taxes: It Isn't Always Pretty

“Certainty? In this world nothing is certain but death and taxes.” Benjamin Franklin “But we can help with the latter….” Benton C. Strauss Read the Strauss & Malk LLP Newsletter: Issue 1: Illinois Estate Taxes: It Isn’t Always Pre… Read More
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Categories: Newsletters

Creative Use of Stock Options Within a Grantor Retained Annuity Trust (GRAT)

This article summarizes a stock option strategy within a Grantor Retained Annuity Trust (GRAT). While the contents of this article were originally prepared in May 2004 when the §7520 hurdle rate that is necessary for the GRAT to be successful was 3.… Read More
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Categories: News and Articles

Zeroed Out Grantor Retained Annuity Trusts

Because of a recent development in the law, an old technique is now more valuable for estate tax reduction planning. This technique is a grantor retained annuity trust (“GRAT”) established in such a manor that the gift has little or no value for… Read More
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Categories: News and Articles

IRS Changes in the Tax Treatment for a Split-Dollar Life Insurance Plan (“Split-Dollar Plan”)

In January 2002 the IRS issued a brief Notice outlining new tax rules for the taxation of Split-Dollar Plans. The Notice followed earlier attempts by the IRS to modify the Split-Dollar rules. The rules published in the Notice were a departure from th… Read More
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Categories: News and Articles

Attorney Spotlight

Ken concentrates his practice in commercial real estate, probate and estate planning, litigation, and business planning matters. He takes pride in the long relationships he has established with his clients, some of which have spanned 40 years. With h…
Julia concentrates her practice on designing and implementing estate plans and leveraged wealth transfer techniques for individuals and family groups. She counsels clients on all aspects of estate and business succession planning. Julia’s dedicated…
Ben concentrates his practice in the areas of sophisticated estate and gift tax planning, asset protection planning, guardianship matters, charitable planning, and estate and trust administration. Ben also devotes a significant portion of his practic…
Mark concentrates his practice in the areas of estate and gift tax planning, asset protection planning, probate practice, federal taxation, and real estate/business transactions. He is a member of the Lake County Bar Association, the Lake Forest-Lake…
William C. Weinsheimer (pronounced Weins-heimer) practices estate planning and estate and trust law. He focuses on tax and succession planning for owners of closely held businesses, key executives, and other wealthy individuals. He also advises clien…
Mike concentrates his practice in estate and trust planning, including estate tax reduction; asset protection; wealth succession; probate and estate administration; business transactions and real estate; and technology licensing and contracting. Mike…
Ben concentrates his practice in: estate and trust planning, including asset protection, tax reduction, estate administration and estate and trust controversies; business transactions, including partnership, LLC and corporate matters, business transf…
Joyce concentrates her practice in estate planning, probate, individual and partnership taxation, corporations and not-for-profit organizations. She is a graduate of Yale University and Vanderbilt University School of Law, where she was an editor of…
Arnie concentrates his practice in business and transactional matters, providing tax consulting, negotiating, structuring and documenting services for: corporations and their owners; persons engaged in sophisticated real estate transactions; health c…
Jay concentrates his practice in business and real estate transactions and their financing, tax law, employee benefits and estate planning. Jay assists clients in corporate, partnership and limited liability company matters, including negotiating and…
Matt concentrates his practice in the areas of estate and gift tax planning; probate, trust and estate administration; estate and gift tax compliance; tax law; and charitable planning. He is a member of the Chicago Bar Association, Illinois State Bar…
David concentrates his practice in the areas of litigation and domestic relations. He has experience in such matters as: contract disputes, real estate and construction litigation, personal injury, family law matters, trust and estate controversies,…
Brad concentrates his practice in the area of litigation and has experience in such matters as: breach of contract claims; business tort claims; trust and estate controversies; fraud and misrepresentation suits; shareholder remedy actions; partnershi…
Mary concentrates her practice in the areas of estate planning; asset protection planning; business succession planning; tax planning and charitable gifting; as well as estate and trust administration; and decedent’s and guardianship probate estate…