In Illinois, inheritance tax is imposed on the transfer of property from a decedent to their heirs or beneficiaries. Unlike estate taxes, which are levied on the estate itself, inheritance taxes are imposed on the individual recipients of the inherited property. The amount of tax owed depends on various factors, including the value of the […]
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Contesting an estate can be a complex and emotionally charged process, often fraught with misconceptions and misunderstandings. In Illinois, individuals may seek to contest a will or estate plan for various reasons, ranging from concerns about the validity of the document to questions about the distribution of assets. However, navigating the legal landscape of estate […]
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