Illinois Inheritance Tax 2025
Illinois Inheritance Tax 2025. For deaths that occur in or after 2025, there will be no inheritance tax. The aim is to enhance understanding and practical.
This increase in tax exemptions will sunset (expire) after december 31, 2025, and. As the estate tax exemption is set to decrease in 2026, learn how to plan ahead with strategies like spousal lifetime access trusts (slats) and family partnerships.