Archive for August 2026
Leaving Illinois for Estate Tax Reasons: Don’t Overlook the Retirement Income Tradeoff
The Core Planning Question For many high-net-worth Illinois residents, the idea of moving to a no-estate-tax state can look compelling. Illinois has a separate estate tax with a $4 million exemption, meaning estates above that level can face a state-level transfer tax even when no federal estate tax is due. Illinois also provides one of…
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