Meet The Team
Larissa A. Gest, MBA, JD
Larissa’s practice focuses on business and corporate planning, estate and wealth transfer planning, and trust and estate administration, primarily for high net worth families. Larissa’s experience includes advising clients on a wide variety of matters, including business planning and structuring, sophisticated income and estate tax planning, asset protection planning strategies, and negotiation of pre- and post-nuptial agreements.
Larissa’s educational background includes attaining a Bachelor of Art and Science in Psychology with emphasis on Natural Science, a Juris Doctorate (Cum Laude), and a Masters in Business Administration from Loyola University Chicago.
Prior to joining DUGGAN BERTSCH, LLC, Larissa worked at another Chicago firm where she gained considerable experience in the areas of business and corporate planning, estate planning and administration, and pre- and post-nuptial agreements.
Member, Illinois State Bar Association
Member, Chicago Bar Association
Member, Chicago Estate Planning Counsel
Larissa has also been recognized by her peers in the legal community and was named a 2021 Rising Star by Illinois Super Lawyers Magazine.
Publications
Open House
Due to unforeseen circumstances, DBTA Open House for WEDNESDAY, OCTOBER 25TH has been Postponed. We apologize for any inconvenience this may cause and appreciate your understanding. Thank you for your interest and understanding.
Alert: Qualified Opportunity Zone Funds
Summary As part of the Tax Cuts and Jobs Act of 2017 (TCJA), a new community and economic development program was enacted under Section 1400Z-1 & 1400Z-2 that garnered little attention at the time of passage, but which now appears to be causing high net worth investors and the investment community at large to take […]
IRS TO ALLOW MOST TAXPAYERS TO DEFER PAYING 2019 TAXES ON APRIL 15, 2020 DUE TO COVID-19
Treasury Secretary Steven Mnuchin, speaking at a coronavirus news conference today, announced that individuals who owe taxes to the IRS can defer up to $1 million, and corporations can defer up to $10 million in payments, for a period of 90 days from the April 15th deadline. At this point, the deferral applies to the income taxes owed, and there does not appear […]
DB Alert: 2019 Payment and Filing Deadlines
As we previously alerted our clients and friends, the Internal Revenue Service has postponed the tax payment deadlines for calendar year taxpayers until July 15, 2020 provided that the amounts owed did not exceed certain levels (prior alert); however, the tax filing deadline itself was not automatically extended under this prior guidance Recent guidance just […]
Paycheck Protection Program Flexibility Act: Forgiveness Relief
Last week Congress passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (PFA), significantly amending certain provisions in the Paycheck Protection Program (PPP) relating to a borrower’s loan forgiveness relief requirements. The President subsequently signed the PFA legislation into law which provides PPP borrowers with the following favorable modifications that should enable more, […]
Significant Estate, Gift, and Income Tax Changes Proposed Under The “Build Back Better Act”
On September 13, 2021, the House Ways and Means Committee released a proposed tax bill (House proposal) as part of the Biden administration’s “Build Back Better Act.” The segments of the proposed bill discussed below highlight important changes to the way trusts, estates, and individuals could be taxed. However, it is important to note that […]
For the 99.5% Act
In late March, the “For the 99.5% Act” (the “Act”) was introduced to Congress. The Act contains several additions, removals, and amendments to the Internal Revenue Code that would significantly alter estate and business planning practices. The changes, if enacted, that would be most relevant to comprehensive planning for the private client are summarized below. […]