Goldstone Financial Group, a Chicago-area fiduciary RIA, is expanding its estate and legacy planning practice to help Illinois families preserve wealth and streamline intergenerational transfers amidst rising asset values.
-- Goldstone Financial Group announced the expansion of its estate and legacy planning services to address one of the most pressing financial challenges facing affluent Illinois families: the state's estate tax. With a $4 million exemption—unchanged since 2013—Illinois remains one of just 17 U.S. states that impose an estate or inheritance tax. The top rate, at 16%, can reduce inherited wealth significantly if proactive planning measures are not taken.
For more information, visit https://www.goldstonefinancialgroup.com/estate-planning/
According to the Federal Reserve, median wealth among Americans aged 65+ has risen by more than 30% over the past decade, reflecting robust asset appreciation in housing and equities. But without deliberate estate strategies such as trusts, charitable vehicles, and tax-efficient transfers, a sizeable portion of those assets may be lost to state-level taxation.
"Legacy planning is not just about leaving an inheritance—it's about safeguarding family wealth from avoidable erosion," said Anthony Pellegrino, CEO of Goldstone Financial Group. "Illinois' estate tax makes forward-looking strategies non-negotiable for families with significant assets."
Goldstone's estate planning services integrate with its broader Retirement Roadmap, which encompasses income generation, tax management, investment allocation, and healthcare funding. The firm assists clients in establishing living trusts, powers of attorney, and structured distribution strategies to avoid probate and minimize family disputes. Realigning estate structures with retirement income streams, such as Social Security and IRAs, is a key aspect of this assistance.
The firm points out that delaying Social Security can add up to 8% annually to retirement benefits until age 70—a feature clients often integrate into legacy planning by freeing up investment capital for intergenerational wealth transfer. Combined with trusts and gifting strategies, this enhances financial resilience for both current retirees and their heirs.
Anthony Pellegrino has led the firm in advising more than 1,500 clients across Chicagoland. Previously recognized as a Five-Star Wealth Manager*, Pellegrino believes that family-first legacy planning is the key to preserving multigenerational wealth.
Goldstone Financial Group is a Chicagoland Registered Investment Adviser (RIA) specializing in retirement income, wealth management, tax planning, healthcare strategy, and estate solutions.
For more information about legacy and estate planning services, visit https://www.goldstonefinancialgroup.com.
*This award was issued in 2010 and 2011 by Five Star Professional (FSP). Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com for more information regarding the criteria and the award.
"Goldstone Financial Group, LLC (“GFG”) is a registered investment advisor with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or qualification. This material is provided for informational purposes only. Opinions expressed herein are solely those of GFG. None of the information presented in this material is intended to offer personalized investment advice and does not constitute an offer to sell or solicit any offer to buy a security or any insurance product and is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation."
Contact Info:
Name: Anthony Pellegrino
Email: Send Email
Organization: Goldstone Financial Group
Address: 18W140 Butterfield Road, Oakbrook Terrace, Illinois 60181, United States
Phone: +1-630-620-9300
Website: https://www.goldstonefinancialgroup.com/
Source: PressCable
Release ID: 89180306
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