With a wave of new laws set to reshape estate planning in Illinois and across the country, Kravets Law Group is offering free estate plan reviews to ensure individuals and families are not caught off guard. The Chicago-based estate law firm announced the initiative as several federal and state changes take effect, aiming to help clients enter 2026 with documents that reflect current law rather than outdated assumptions.
The stakes are high. At the federal level, the One Big Beautiful Bill Act permanently sets the estate tax exemption at $15 million per person beginning January 1, 2026. While that may reduce federal tax exposure for many, it also creates new planning opportunities that existing plans may not capture. In Illinois, Public Act 104-0346 raises the small estate affidavit threshold from $100,000 to $150,000 and excludes registered vehicles from the calculation, simplifying probate for smaller estates but potentially altering strategies for those who relied on the old limits.
Meanwhile, pending legislation such as the Family Farm Preservation Act could further change how Illinois families pass on agricultural assets. And amendments to the Illinois Supreme Court Rules effective January 1, 2026, refine the procedural framework for probate and trust litigation, potentially affecting how disputes are resolved. Together, these developments mean that an estate plan drafted even a few years ago may no longer align with the legal landscape.
Kravets Law Group's review covers core documents: wills, revocable and irrevocable trusts, powers of attorney for property and healthcare, and beneficiary designations on retirement accounts, life insurance policies, and other assets. The goal is to confirm whether these documents still reflect the client's wishes, comply with current law, and take advantage of any new planning opportunities or address emerging risks.
"Our goal with these estate plan reviews is to give people clarity, not apply pressure," said founding attorney Daniel Kravets. "I want people to walk out of the meeting knowing where they stand and what to do next, which is more than most can say about their estate plans."
The firm emphasizes accessibility. Free consultations are available both in person and virtually, with flexible scheduling for clients who have demanding work schedules or mobility limitations. Appointments can be booked by phone or through the firm's website.
For Illinois residents, the implications are clear: inaction could mean missed tax savings, unintended beneficiaries, or costly probate delays. By taking advantage of a complimentary review, individuals and families can gain peace of mind and ensure their legacy is protected under the new rules.
