Wealth planning for
Highland Park families.

Yes. Highland Park is one of roughly thirty Lake County and Lake County communities we serve from its Evanston office at 909 Davis Street. The firm has been planning retirements for Lake County families since 1977, and meets Highland Park clients in the Evanston office, at their home, or by video call.

Highland Park's cultural identity, shaped by Ravinia Festival, the North Shore Concert Band, and an arts-oriented community, attracts retirees who want to remain intellectually and socially engaged. Many Highland Park clients are retiring from professional careers in law, medicine, academia, or corporate management, with Lake County property tax advantages over Cook County neighbors and a lifestyle that requires thoughtful income planning to sustain. we coordinate Social Security claiming, retirement account withdrawals, annuity and life insurance placements, long-term care funding, and estate decisions into one written plan tailored to the Highland Park cost of living.

As a Lake County community, Highland Park residents benefit from slightly lower property taxes than Cook County neighbors. The community's strong cultural offerings and natural beauty make it an attractive place to retire. Highland Park's median home value of $550,000 and median household income of $130,000 mean planning here's shaped by local cost-of-living realities, not a national average. Roughly 34% of Highland Park residents are over 55, and many have spent decades building equity that now needs to be coordinated with retirement income, healthcare, and estate decisions.

Lake County's retirement landscape is shaped by its dual identity as home to some of Illinois's wealthiest communities and a concentration of major corporate employers. AbbVie, Baxter International, Walgreens Boots Alliance, and Abbott Laboratories are all headquartered or substantially based here. Executives and professionals retiring from these firms often hold pensions, deferred compensation, and equity awards that require specialized coordination alongside Social Security and personal savings. Lake County property tax rates, while generally lower than Cook County for comparable properties, still represent a significant fixed cost, and Illinois's full exemption of retirement income means the property tax, not the income tax, is the primary budget variable to plan around. For Highland Park retirees specifically, this means treating property taxes as a non-negotiable fixed expense and building a guaranteed income floor, typically from Social Security and, where appropriate, an annuity, that covers them regardless of market conditions.

Lake County residents like those in Highland Park benefit from moderately lower property taxes than Cook County neighbors, a real but modest advantage for retirement budgeting. Our tax strategy work in Highland Park focuses on Roth conversion execution, qualified charitable distributions for clients connected to Ravinia or other local nonprofits, and the coordination of investment account drawdowns to manage capital gains exposure on portfolios that have accumulated significant unrealized gains.