The Illinois Super Lawyers and Rising Stars is an honor reserved for those lawyers who exhibit excellence in practice. Only 5% of attorneys in Illinois receive this distinction. Attorneys are selected through a patented selection process involving nominations, research, and peer reviews.
DUGGAN BERTSCH, LLC is proud to announce the following attorneys who have been selected as Super Lawyers and Rising Stars for 2021 in the following categories:
2021 Illinois Super Lawyers
Timothy Liam Epstein
Michael A. Passananti
Steven H. Shapiro
2021 Illinois Rising Stars
Clint A. Costa
Larissa A. Gest
Greta R. Staat
Kara A. Wenzl
With the economic destruction of COVID-19 virus comes opportunity, a rare opportunity to very easily turn the negative into a positive from an estate planning and business succession perspective.
Today, valuations of marketable securities have taken a massive hit (20% - 30% lower). Valuations of the vast majority of closely-held family businesses would certainly follow suit by any appraiser. Additionally, interest rates are now at historic lows in today’s environment. Specifically, the IRS-mandated interest rate used for estate planning purposes is between 0.25% and 1.15%, as of May. Click Here To Continue Reading...
The Order (as supplemented by guidance issued by the Illinois Secretary of State) generally provides that:
Illinois notaries may perform remote notarization by two-way, real time audio-video communication technology, provided that both the signatory and the notary are each physically within the State, and that the audio-video communication can be retained; Continue Reading...
Proposed IRS regulations intending to curtail the use of valuation discounts in estate planning are anticipated in September. Although it has been threatened repeatedly in prior years, it appears that these proposed regulations will actually be issued and their scope will be broadened to include most family owned partnerships.
Larissa’s practice focuses on business and corporate planning, estate and wealth transfer planning, and trust and estate administration, primarily for high net worth families. Larissa’s experience includes advising clients on a wide variety of matters, including business planning and structuring, sophisticated income and estate tax planning, asset protection planning strategies, and negotiation of pre- and post-nuptial agreements.
Larissa’s educational background includes attaining a Bachelor of Art and Science in Psychology with emphasis on Natural Science, a Juris Doctorate (Cum Laude), and a Masters in Business Administration from Loyola University Chicago.
Prior to joining DUGGAN BERTSCH, LLC, Larissa worked at another Chicago firm where she gained considerable experience in the areas of business and corporate planning, estate planning and administration, and pre- and post-nuptial agreements.
Click here to see Larissa's LinkedIn profile.
Member, Illinois State Bar Association
Member, Chicago Bar Association
Member, Chicago Estate Planning Counsel
Larissa has also been recognized by her peers in the legal community and was named a 2021 Rising Star by Illinois Super Lawyers Magazine.
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