There comes a time when our clients decide to relocate permanently in the state of their choice often in a warmer locale  This happens often enough that we thought we would share a checklist for those considering this exciting next phase in their lives , Recommended action steps when changing your permanent residency from Illinois to another state Spend more than 183 days per year in the new state If you vacation during the year in any other state(s you should make sure you are not present in Illinois more days than you are present in your new state of residency (even if you are in Illinois less than 183 days Maintain a log or diary of the days…, Published January 2025

There have been changes to IRS regulations over the last few years that have in some instances expanded how an individual may want to consider carrying out charitable giving If you are making charitable contributions now is a good time to re-examine the tax benefits of doing so and if the gifting strategies you are utilizing are best for you, There are several ways in which you can achieve your charitable objectives Below are a few examples of strategies and the benefits of each, Lifetime transfers of highly appreciated stock, Allows for an immediate income tax deduction Avoidance of capital gain realization Does not cause any disruption to cash/liquidity on hand, Qualified Charitable Distributions, If you are 70 ½ or older this strategy allows a direct transfer of funds from your IRA to a qualified public charity, This distribution results in NO realization of income and can be used to satisfy your required distribution amount (up to $105000, Beginning in 2025 the allowable amount ($108000 will be indexed for inflation, Donor Advised Fund (DAF, Separate investment vehicle from which grants can be made to any 501(c(3 organization, Gift highly appreciated stock cash and depending on the platform other assets to a DAF The transfer of assets results in an immediate income tax deduction, Proceeds of the sale are reinvested among a diversified portfolio, DAF is a pool of investments from which to make future charitable distribution Consider funding in years when income is higher Less complexity than establishing a foundation, No filing requirement, No tax preparation required No board minutes, No minimum distribution requirements (varies from plan sponsor, The above are some simplistic ways to meet your charitable obligations and have a significant income tax benefit, Additional strategies, A few additional strategies that can be incorporated into a broader estate plan can be found below A Charitable Remainder Unitrust (CRUT is an irrevocable trust that provides a lifetime income benefit to the donor The funding of this trust results in an immediate income tax deduction based on the remainder value for the named charity donor advised fund or foundation Funding the trust with highly…, Published February 2025,  

Ashley Crotwell is a Vice President Wealth Advisor in Mesirow Wealth Management She specializes in helping individuals families and business owners achieve their goals by creating customized financial and retirement plans in conjunction with team investment strategies that are uniquely tailored to fit their needs  Ashley has 29 years of experience in the financial services industry Before joining…

Firm adds David Schrock from Jupiter Asset Management and Mike Tadlock CFA from Blackstone, Deeply experienced professionals hired to support the team’s ongoing growth in assets under management (AUM and product evolution,  , CHICAGO June 15 2023, – Mesirow an independent employee-owned financial services firm is pleased to announce the addition of two senior professionals to our Global Investment Management team The appointments are consistent with a strategy to broaden and focus relationship management for product expertise and location  Our alternative and traditional strategies continue to display AUM growth and evolution  As our…, About Global Investment Management, With global headquarters in Chicago Mesirow Global Investment Management provides clients global alternative and traditional strategies that are customized by special teams to address individual risk and return objectives Mesirow offers institutional investors customized currency management high-quality private equity partnership and sponsorship opportunities compelling direct real estate…, About Mesirow, Mesirow is an independent employee-owned financial services firm founded in 1937 Headquartered in Chicago with locations around the world we serve clients through a personal custom approach to reaching financial goals and acting as a force for social good With capabilities spanning Global Investment Management Capital Markets & Investment Banking and Advisory Services we invest in what…, Media, mediainquiries@mesirowcom | Michael Herley | 2033081409   Mesirow refers to Mesirow Financial Holdings Inc and its divisions subsidiaries and affiliates The Mesirow name and logo are registered service marks of Mesirow Financial Holdings Inc © 2023 Mesirow Financial Holdings Inc All rights reserved Investment management services provided through Mesirow Financial Investment Management Inc Mesirow…

Private debt markets continue to chug along despite headwinds surrounding the public debt and equity markets and overall uncertainty surrounding the economy the Fed and inflation The private debt markets continue to take advantage of dislocation in the broadly syndicated markets 2Q’22 was a record for deal volume with DLDeals tracking $569 billion of origination volume compared to $197 billion in…

Barbara Arquilla is Senior Vice President of Client Services in Mesirow Executive Benefit Services She is responsible for managing the daily operations of the client service team She focuses on plan participant communication and system integration for the group’s proprietary system for nonqualified benefit plan daily valuation Barbara has 36 years of industry experience Prior to joining Mesirow…