In the Headlines
September 14, 2013

Wealthy Illinoisans Leaving State to Avoid Estate Taxes

Quad-Cities Online

Wealthy residents in Illinois are attempting to find ways around the state's inheritance tax. Residents are required to pay tax on estates that amount to more than $4 million, and estate planning practitioners are recommending an alternative for these individuals.

"I advise clients to move to a state that does not have an estate tax," said Private Wealth Services Partner Christine Albright.

READ: Wealthy Illinoisans Leaving State to Avoid Estate Taxes

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