Meet The Team
Ron E. Webb focuses on estate and wealth transfer planning, business planning, estate and gift tax planning, asset protection planning and trust and estate administration, with an emphasis on the private client. He regularly counsels clients on matters related to family legacy planning and the minimization of estate tax and offers advice and counsel to help families protect their assets. Ron regularly works with families who have disabled family members and counsels on areas of special needs planning.
Ron earned his Bachelor of Arts in Economics from Loyola University of Chicago. He earned his Juris Doctor from John Marshall Law School in Chicago where he graduated Cum Laude.
Ron is a member of the Chicago Bar Association and is the past chair of the Chicago Bar Association’s Probate Practice Committee. He is also a member of the Illinois Bar Association and the Chicago Estate Planning Council.
During law school, Ron published “Borders Online, LLC v. State Board of Equalization: It’s Time for Congress to Weigh the Possibilities of this California Decision” in the John Marshall Journal of Computer & Information Law, Volume XXIV Number 4, Summer, 2006. Ron also published an article in the March/April 2014 Issue of the American Bar Association GP Solo Magazine entitled “Special Needs Trust Planning.” Ron regularly presents to attorneys and other groups on topics related to estate and wealth planning and asset protection planning.
Ron was named a Top 100 Attorney by the National Advocates in 2015, a 2015 Emerging Lawyer by Leading Lawyers and a 2016 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. […]