Lake Forest IL Estate Planning Consultant: Wealth Management Services Expanded
Jun 1, 2023
Goldstone Financial Group (630-620-9300) expands the capabilities of its Lake Forest office, now offering senior wealth managers who can assist in the estate planning process.
Villa Park, United States - June 1, 2023 /PressCable/ —
The enhanced services are designed to help clients plan their estate in light of current federal gift/estate tax exemptions, which are due to sunset in the coming years. Senior advisors can suggest a number of legal/financial vehicles that can be used to capture 2023 exemption rates, along with putting in place arrangements to ensure assets are distributed according to clients’ wishes.
More details can be found at https://goldstonefinancialgroup.com/
The recent update expands the range of services available at Goldstone’s Lake Forest office, which also includes retirement planning, investment planning, and asset protection. The firm’s goals are to help clients preserve their wealth in an increasingly uncertain economic climate.
The beginning of 2023 saw an unprecedented increase in the gift/estate and generation-skipping transfer (GST) tax exemption limit, rising from $12,060,000 to $12,920,000. The current exemption amounts will be reduced by 50% as of January 1, 2026, with some lawmakers pushing for that to occur earlier.
Goldstone explains that several vehicles can be used to take advantage of the current exemptions, including gift trusts, intra-family loans, and multi-generational dynasty trusts. The firm’s senior wealth managers can now offer advice on each of these strategies, as well as assist clients in setting them up.
“Estate tax can have a significant impact on the amount of inheritance your loved ones receive,” a company representative explained. “By working with our estate planning professionals, you can minimize estate tax and ensure that your assets are distributed according to your wishes.”
About Goldstone Financial Group
Headquartered in Oakbrook Terrace, Goldstone has been offering financial advice to Chicago clients for over 20 years and now operates seven offices in the wider Chicagoland region. As a result of continued growth, the firm has recently expanded its operations into Tennessee, with offices now open in Nashville, Franklin, and Brentwood.
“My wife and I have been with Goldstone for almost 10 years, and I can say it was one of the smartest decisions we made to have them help us manage our future,” one client recently stated. “We have been very happy with how Goldstone has managed all our investments and helped us plan for retirement. The entire team has made us feel like we are one of the family.”
Interested parties can find more information by visiting https://goldstonefinancialgroup.com/contact-us/
Contact Info:
Name: Anthony Pellegrino
Email: Send Email
Organization: Goldstone Financial Group
Address: 18W140 Butterfield Road Oakbrook Terrace, Villa Park, IL 60181, United States
Website: https://goldstonefinancialgroup.com/contact-us/
Source: PressCable
Release ID: 89099083
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 8 hours.
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.
More News
Petrol station worker dies after being run over by a stranger while on the job in NSW
A petrol station worker has died after he was allegedly run over by a stranger while working on the forecourt on NSW's Mid North coast.
Critically endangered orangutan and her baby are rescued after getting ensnared in trap
The orangutan mother and baby were found by conservation workers in Indonesia enmeshed in a trap thought to be for wild boar.
CNN data guru claims midterm elections in 'blowout territory' as Democrats gain in polls
CNN data guru Harry Enten has warned that the midterm elections are heading into 'blowout territory,' with Democrats poised for major gains.
Arrested for attempted fleecing: Moment sheep that farmer said had been stolen three times are spotted in his field as he is held over £100,000 insurance fraud
The farmer had claimed nearly £100,000 in insurance over the alleged theft of more than 650 of his livestock - including two dead sheep - in 12 months.
Young Aussie woman buys her first home for just $252,000 despite the seller getting an offer $60,000 higher
In a move Darryl Kerrigan would applaud, a seller rejected a higher bid so a young teacher could buy her first home.
Smiling Attorney General Letitia James brushes off question about Cornell gang-rape case she's now in charge of
James was appointed to lead an ongoing criminal investigation into the claims that the seven fraternity brothers with Chi Phi sexually assaulted a young woman known only as Jane Doe.
Australian housing market takes another hit as fewer than half of properties up for auction nationally sell
Those looking to purchase property are hesitant on several fronts, including rising interest rates, more cautious lenders, dropping house values and the removal of Capital Gains Tax benefits.
Venezuelan opposition leader Maria Corina Machado, who pipped Donald Trump to win 2025 Nobel Peace Prize, returns home after a year in exile
Her return risks straining ties with the US Trump administration, who captured the country's then-incumbent President Nicolás Maduro and his wife Cilia Flores back in January.
Jim Chalmers says: tell me what to cut - as if it's hard to trim record-breaking government spending. Challenge accepted: PVO
Treasurer Jim Chalmers has a challenge for anyone who thinks government spending is too high: tell him what to cut.
Millions of Aussies could claim up to $600 over an old debt: How to check if you're eligible
Millions of Australians could receive a payout from Centrelink as compensation for settling a past debt that was calculated incorrectly.
Andy Burnham to give homeless policy £432million - despite warnings previous attempts have failed
The Prime Minister will confirm a further £432m in cash as he hosts a 'rough sleeping summit' in Downing Street aimed at delivering on his pledge to offer a 'safe route off the streets' by Christmas.
Trump makes flirty comment on Nicki Minaj's figure and floats her as press secretary as he turns to star-power to boost his midterm campaign
Top rap recording artist Nicki Minaj showed off her political chops during a conversation with White House Communications Director Stephen Cheung.