Kravets Law Group, a Chicago-based firm serving Illinois, Pennsylvania, and New Jersey, has announced it is offering complimentary estate plan reviews to individuals and families in response to a series of recent and pending legal changes that will reshape how estates are planned, taxed, and administered in Illinois. The firm is accepting new consultations now, aiming to help clients enter 2026 with plans that reflect the current legal landscape rather than the one in place when their documents were last signed.
Several key developments have created urgency. At the federal level, the One Big Beautiful Bill Act permanently set the federal estate tax exemption at $15 million per person beginning January 1, 2026. In Illinois, Public Act 104-0346 raised the small estate affidavit threshold from $100,000 to $150,000 and excluded registered vehicles from the calculation. Additionally, pending bills such as the Family Farm Preservation Act could further alter the planning picture for Illinois families, while Illinois Supreme Court Rule amendments effective January 1, 2026, refined the procedural framework governing probate and trust litigation.
The firm’s estate plan review covers core documents including wills, revocable and irrevocable trusts, powers of attorney for property and healthcare, and beneficiary designations on retirement accounts, life insurance policies, and other assets. Reviews focus on whether existing documents still reflect the client’s wishes, whether they align with current Illinois and federal law, and whether recent or pending changes create planning opportunities or 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.”
Free consultations are available in person and virtually, with scheduling flexibility for clients with demanding work schedules or mobility limitations. Appointments can be booked by phone or through the firm’s website. As an Illinois business, real estate, and estate law firm, Kravets Law Group is positioning itself to help clients navigate the complexities of the new legal environment.
The implications for Illinois residents are significant. Without updated plans, families may face unintended tax consequences, probate delays, or distributions that no longer match their wishes. The increased small estate affidavit threshold could simplify administration for smaller estates, but only if documents are properly aligned. Similarly, the permanent federal exemption provides certainty for high-net-worth individuals, yet many existing plans may not take full advantage of it. Free consultations aim to address these gaps proactively, helping clients avoid costly revisions or disputes later.
Kravets Law Group was founded by attorney Daniel Kravets, who was raised outside Philadelphia by a Russian immigrant family and built his practice around the belief that legal representation should feel like a partnership, not a transaction. The firm offers complimentary consultations for individuals, married couples, families, and business owners seeking to review their estate plans in light of new and pending 2026 legislation.
