Focusing her practice on estate planning, asset protection and taxation has given Elizabeth Osborne the opportunity to help individuals and families achieve their financial goals with the least possible tax cost. In estate planning, she designs customized succession plans, including preparation of wills, trusts and additional creative planning devices to promote efficient wealth transfer and asset preservation.
In her asset protection practice Elizabeth restructures personal and professional assets to proactively safeguard against creditors and lawsuits, particularly for individuals in high-liability professions such as real estate developers, physicians, corporate officers and entrepreneurs. She analyzes clients’ asset portfolios, determining the most effective way to reorganize ownership to maximize asset protection. This includes determinations of the most appropriate type of entity to own assets, how each entity should be owned and managed, and proper situs (location) of such entities. Elizabeth integrates entities sitused in “debtor friendly” jurisdictions, such as Delaware and Nevada.
Elizabeth also has experience in general business and taxation matters for corporations, limited-liability companies and partnerships. In addition, she is skilled in corporate and residential real estate matters, where she utilizes her knowledge as a licensed Illinois real estate broker. Elizabeth has held her license since 2004.
She is a member of the Orland Park Area Chamber of Commerce and its Legislative & Government Affairs Team, responsible for monitoring federal legislation, with a focus on impacts to small businesses and small-business owners.
In her blog, Plan & Preserve, Elizabeth addresses hot topics in estate planning, asset protection, real estate and taxation. She offers insight into changing legislation, and strategies for leveraging these changes to the advantage of individuals and businesses.