What’s New at Huck Bouma
Huck Bouma paralegal, Erika Jurgenson, will be a featured speaker at the National Business Institute Seminar, “Trusts from A to Z: Understand all the Wealth Planning Options Available to Your Clients.” Erika will specifically be addressing the topics of both Special Needs Trusts and Charitable Trusts.
This seminar will be held Tuesday, November 19, 2019 at the Hilton Chicago/Oak Lawn, 9333 South Cicero Ave., Oak Lawn, IL 60453.
Agenda specifics on Tuesday, November 19, 2019:
Special Needs Trusts (SNTs)
1:00 – 1:45, Erika L. Jurgenson
When are SNTs Used? (SNTs vs. ABLE Act Accounts)
Types of SNTs
Tax Consequences of SNTs
Preserving Benefits Eligibility
Trustee Powers and Duties (What Can the Distributions be Used for?)
Sample Trust Language
1:45 – 2:30, Erika L. Jurgenson
When are Charitable Trusts Used?
CRTs vs. CLTs
Tax Planning, Requirements and Consequences
Trustee Powers and Duties and Administration Issues
Exceptions to the Rules
Charitable Planning in Smaller Estates
Sample Trust Language
Huck Bouma attorneys Michael J. Marshall and Aaron E. Ruswick will be presenting a Primer on Leading Clients Through Private M&A Transactions at the Thursday, October 3, 2019 meeting of the Fox Valley Chapter of the ICPAS.
This course will cover the topics of structuring a transaction, the role of financial statements, net working capital, and tax representations and covenants.
On Friday, October 4, 2019, attorney Brett M. Dale will be speaking at the National Association of Personal Financial Advisors (NAPFA) Fall 2019 National Conference, held at Hyatt Recency McCormick Place, Chicago.
Brett is a Shareholder with the Firm and Chairman of the Estate Planning Group.
Brett will be addressing the topic, Anticipating Conflict in Estate Administration. The thoughtful estate planner can take many steps during the planning process to reduce the chances of conflict arising after the key witness, the client, has left the scene. Plan with the expectation that conflicts will occur.
The discounted rate ($200 savings) for #NAPFA19 Oct. 1-4 in #Chicago ends 9/4.
Earn NAPFA & #CFP CE, meet #FeeOnly Advisors from across the country and check out business solutions in the exhibit hall: www.napfa.org/conferences/2019-fall-conference
Huck Bouma celebrates with attorney Heinz Brisske, the recipient of the WealthCounsel Drafting Award. Heinz received this award at the WealthCounsel Symposium 2019, held in Boston, MA. This award recognizes what we already know — his expertise, professionalism and commitment. Congratulations, Heinz!
WealthCounsel Symposium is the legal education event for trusts and estates, business law, and elder law professionals — featuring legal technical seminars, interactive panels, inspiring keynote speakers, and much more.
Huck Bouma celebrates with attorney Tricia R. Buhrfiend as she is recognized as a 2019 Lawyer of the Year by the DuPage County Bar Association. This recognition was presented at the 2019 Presidents Ball and Installation Dinner on June 7, 2019, and honors her long-standing commitment to the DuPage County Bar Association. Congratulations, Tricia!
Huck Bouma is proud to announce that Joseph E. Keavy has joined the Firm as an Associate in its Mergers and Acquisitions Practice area. Joe concentrates his practice in the areas of mergers and acquisitions, commercial real estate transactions, entity formation, corporate finance, and business transactions.
Joe represents both buyers and sellers in merger and acquisition transactions, including market entry acquisitions, strategic add-on acquisitions, sales of privately held businesses to larger companies and private equity funds, cross-border transactions, and asset acquisitions and dispositions. In addition, Joe advises lenders and borrowers in commercial lending and financing transactions, including secured and unsecured credit facilities, real estate and other asset-based loans, SBA and Freddie Mac financing, and loan modifications and work-outs.
Huck Bouma is proud to announce that John E. Regan has joined the Firm in its Real Estate, Business Services and Trusts and Estates Practice areas. Mr. Regan concentrates in commercial and residential development real estate law, including acquisitions and entitlements. He also counsels governmental bodies with regard to general corporate matters, finance and tax matters, general bond matters and litigation. Prior to joining Huck Bouma, John was a partner at a well-known Elgin law firm. Aside from his experience with commercial and residential development real estate law, including acquisitions and entitlements, his other areas of practice include corporate and commercial law, estate planning, trust and probate.
Huck Bouma is proud to announce that Kelly L. Petersen has joined the Firm as an Associate in its Estate Planning Practice area.
Kelly’s practice focuses on the areas of estate planning and estate and trust administration, including decedent’s estates and adult guardianships. Prior to joining Huck Bouma, Kelly practiced family law and represented clients in domestic relations proceedings. Kelly’s experience in family law complements her practice in estate planning, particularly with respect to the negotiating and drafting of nuptial agreements.
Huck Bouma is pleased to announce that Kirsten A. Casas has joined the Firm as an associate attorney in its litigation practice group. Kirsten represents businesses and individuals on a variety of civil litigation matters including commercial disputes and contested estates and guardianships. She has experience arguing dispositive motions, as well as trying cases to a jury verdict and before the bench.
Prior to joining Huck Bouma, Kirsten was the Senior Staff Attorney for 16th Judicial Circuit Court of Illinois between 2009 and 2011. After entering private practice, she practiced in the areas of civil litigation, plaintiff’s personal injury, municipal litigation, land-lord tenant, and contested guardianships.
Kirsten received her undergraduate degree from the University of Notre Dame and graduated cum laude from Loyola University Chicago School of Law.
Before becoming a lawyer, she taught in Austria through the Fulbright English Teaching Assistantship Program.
Since growing up in a military family, she is happy to have planted roots in Batavia, where she lives with her husband.
Huck Bouma is proud to announce that Eric J. Malnar has joined the Firm as a Director in its Litigation Practice area.
Eric is an experienced litigator licensed to practice in Illinois and Wisconsin. He focuses his practice principally on commercial litigation including foreclosures, workouts and debt restructurings, real estate, and employment practices claims.
Prior to joining Huck Bouma, Eric was a partner at a well-established Chicago law firm. Aside from his focus on commercial litigation he has represented manufacturers, real estate developers, financial institutions, insurance companies, and entrepreneurs in a broad range of matters including breach of contract, complex commercial litigation, bankruptcy, breach of fiduciary duty, franchise litigation, real estate litigation and title insurance disputes, regulatory litigation, shareholder disputes, intellectual property, trademark and copyright, consumer fraud, securities litigation, legal malpractice, class action, and trade secrets litigation.
Congratulations to Huck Bouma paralegal, Bonnie Schraedel, the emcee of of the 2019 Advocacy Breakfast Collaborative.
This breakfast event was sponsored by Agency on Aging Northeastern Illinois. Bonnie sits on the Advisory Council of this Agency.
The purpose of this session was to provide older adults, persons with disabilities and their advocates an opportunity to learn about essential long-term services and supports and discuss how their federal and state legislators will protect and support these services.
The event was a ‘full house’ hosting over 100 people, including various state representatives, senators, and other elected officials.
The Board of Directors of the Agency on Aging of Northeastern Illinois has appointed our very own Bonnie Schradel to the Agency’s Advisory Council as a DuPage County representative. Bonnie will fill a vacant position and serve a three-year term.
Read more here: Agency on Aging Northeastern Illinois.
Huck Bouma attorney Gina Salamone is a volunteer at-large board member for Aurora Downtown. As chair of the Streetscape Committee, Gina worked to get the star and tree on the Leland Tower restrung this year. Not only did she work diligently to find the right contractor, but she housed thousands of lights in her home because she wanted to make sure they made it to the Leland Tower in time for the holidays.
Gina’s holiday spirit didn’t stop there, however. She is in charge of ordering costumes for the Winter Lights parade, run by city government of Aurora Special Events in partnership with Aurora Downtown. This year, she was one of Santa’s elves, and she added some friendly reindeer and a large Bumble to the parade.
The large gold and red lighted present box on the southeast corner of New York and River Streets is thanks to Gina and the Streetscape Committee.
Originally appearing in the December 27, 2018 publication of The Voice.
Huck Bouma is pleased to recognize paralegal, Bonnie Schradel, in her official appointment to serve on the Advisory Council of the Northeastern Illinois Area Agency on Aging. Bonnie also is a member of the Naperville/Lisle Township TRIAD, a partnership of law enforcement, senior citizens and community groups. Congratulations, Bonnie!
We are pleased to announce that attorney Emma Sadikovich’s article entitled “Avoiding Misclassification of Dual-Status Workers Under IRS Rules” was recently published in the October 1, 2018 issue of Tax Notes. TaxNotes is a weekly journal of news, articles, commentary and analysis published by Tax Analysts, a nonprofit tax publisher. Congratulations, Emma!
On Thursday, June 14, 2018, Huck Bouma attorney Gina Salamone conducted a VA Aid and Attendance Workshop at Senior Star, Weber Place, in Romeoville IL. Gina discussed — among other things — how to qualify, monthly tax-free benefits, widow’s pension, and matters of estate planning . Read more
At the February, 2018 special meeting of the Board of Directors of the Fine Line Creative Arts Center in St. Charles, IL, Huck Bouma shareholder Brett Dale recently spoke on the topic of Planned Giving – presenting giving options and discussing changes in tax considerations for donors.
The Fine Line Creative Arts Center provides instruction, exploration and appreciation of traditional and contemporary fine arts and crafts in an inspirational, natural setting.
On both Tuesday, March 6 and Wednesday, March 7, Huck Bouma PC will be hosting part Two of Our Three-Part Webinar Series, entitled “Recent Updates in Estate and Income Tax Planning”. This webinar, presented by Firm Shareholders, Brett Dale and Aaron Ruswick, will cover topics of recent interest, including (but not limited to):
Developments in the New Federal Tax Act, How You Can Benefit from the New Estate and Gift Tax Exemption before it expires,How to Use the New 199A Deductions.
Employment Law attorney Brian LaFratta was recently interviewed by Jim Kendall of Kendall Communications on issues of workplace harassment. The resulting article, entitled “Harassment Issues Require Serious Approach”, was published in the Daily Herald on January 8. You can read Jim’s article at https://huckbouma.com/article/harassment-issues-require-serious-approach/ , or in the Daily Herald, at https://www.dailyherald.com/business/20180108/harassment-issues-require-serious-approach.
Jim writes a weekly column for the Daily Herald on a range of small business issues.