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Ronald E Rasmussen

Ronald E Rasmussen

Partner
Location:
Elgin, Illinois
Phone:
847-289-3373
847-695-2000
Fax:
847-695-3243
E-mail:

PERSONAL BACKGROUND AND EDUCATION

Ron was born in Chicago, Illinois, on August 10, 1947. He attended Western Illinois University in 1965-1966 and received a BA Degree from Northeastern Illinois University in 1968. Ron served in the United States Army in 1969-1970, which included a year of service in Vietnam. He attended Illinois Institute of Technology Chicago Kent College of Law form 1971 to 1974 where he was a member of the law review. Ron graduated in 1974 as class valedictorian. Ron moved to Elgin in 1974.

MARTINDALE-HUBBELL RATING

Ron has been awarded an AV rating, the highest rating provided by Martindale-Hubbell. The AV rating signifies that Mr. Rasmussen's legal abilities and professional ethics meet the very highest standards.

PROFESSIONAL INTERESTS AND EXPERIENCE

Ron has been a partner in the law firm of Brady & Jensen since January 1, 1977. Ron specializes in advising individuals, families and closely held businesses on tax savings strategies. Ron's primary focus is sophisticated estate planning involving Federal Estate and Gift Tax reduction or avoidance. Ron uses established traditional as well as cutting edge techniques to save tax dollars for his clients. Ron's practice also includes the administration of decedent's estates and trust administration. Examples of tax planning techniques used by Ron in his practice include the following:


Marital Deduction Trusts
Family Limited Partnerships
Limited Liability Companies
Powers of Attorney
Irrevocable Life Insurance Trusts
Charitable Remainder Trusts
Buy-Sell Agreements
 Grantor Retained Income Trusts
Qualified Personal Residence Trusts
Grantor Retained Annuity Trusts
Stretch IRA Trusts
Deferred Compensation Agreements
Partnership Agreements
Living Trusts

Areas of Practice

  • Business Successions
  • Closely Held Businesses
  • Commercial Real Estate
  • Contracts
  • Dissolution
  • Elder Law
  • Employee Retirement Income Security Act (ERISA) -- Employee
  • Estate & Gift Taxation
  • Estate Administration
  • Farms & Ranches
  • Formation & Business Planning
  • Guardianships & Conservatorships
  • Income Taxation
  • Limited Liability Companies
  • Living Wills
  • Mergers, Acquisitions & Divestitures
  • Non-profit & Tax-exempt Organizations
  • Partnerships
  • Powers of Attorney and Appointment
  • Reorganizations
  • Secured Transactions
  • Transactions
  • Trusts
  • Uniform Commercial Code
  • Wills

Bar Admissions

  • Illinois, 1974

Education

  • Illinois Institute of Technology Chicago-Kent College of Law, Chicago, Illinois
    • J.D.
    • Honors: With Honors
    • Honors: Class Valedictorian
    • Law Review: Chicago Kent Law Review, 1973 - 1974
  • Northeastern Illinois University, Chicago, Illinois
    • B.A. - 1968
    • Honors: With Honors
    • Major: History
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Brady & Jensen, LLP
Attorneys At Law

2425 Royal Boulevard
Elgin, IL 60123

Phone: 847-960-3121
Toll Free: 866-930-2063
Fax: 847-695-3243
Elgin Law Office Map

Brady & Jensen, LLP
Attorneys at Law

825 West State Street
Geneva, IL 60134

Phone: 630-262-0475
Geneva Law Office Map

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