Law Offices of Robert J. Varak

In a single business day recently, I received a string of nearly identical inquiries. Each came from a cryptocurrency investor who had watched a confident, polished video and arrived convinced that a particular trust, a Wyoming LLC, or some stack of the two, would let them hold and sell digital assets without ever paying tax.

Clients sometimes ask a very practical question: “If Illinois taxes estates over $4 million, can I just buy a house in another state and move enough money out of Illinois to get below the Illinois estate tax limit?”

For exam...

Inheriting a house often brings mixed emotions. For some people, the home carries deep sentimental value. For others, it immediately raises practical questions. Should you keep it, move into it, rent it, or sell it? As a Naperville estate planning attorney, I think one of the biggest mistakes peo...