Trusts & Estates and Private Wealth
Preserving and Protecting Your Legacy
Our Trusts, Estates & Private Wealth practice provides sophisticated counsel to high-net-worth individuals, multigenerational families, executives, professionals and fiduciaries. We combine technical expertise with a personalized approach to help clients proactively achieve their wealth preservation and transfer objectives while minimizing tax implications.
Estate Planning
- Comprehensive estate planning development and implementation
- Revocable and irrevocable trusts
- Pour-over wills
- Powers of attorney (financial and healthcare)
- Life insurance trusts
- Dynasty trusts
- Qualified personal residence trusts (QPRTs)
- Charitable and retirement planning trusts
Tax Planning & Mitigation
- Gift tax planning and annual exclusion strategies
- Generation-skipping transfer tax planning
- Illinois and federal estate tax planning
- Tax-efficient wealth transfer strategies
Trust and Estate Administration
- Probate, estate and trust administration
- Estate tax return preparation and filing
- Fiduciary compliance
- Disclaimers and renunciations
- Asset distribution strategies
- Family business transition
Private Wealth Services
- Asset protection planning
- Business succession planning
- Premarital and postmarital agreements
- Art and collectibles planning
- Digital asset planning
- Philanthropic planning
- Family governance systems
Representative experience
- Representing next generation family member of an ultra-high-net worth multigenerational family that owned and later sold a Fortune 500 company in wealth succession planning, creditor protection planning, planning for highly specialized assets and estate tax reduction planning.
- Represented ultra-high-net-worth family in wealth succession planning, estate tax and generation transfer tax reduction planning and specialized irrevocable trusts.
- Represented high-net-worth financial executive in wealth and business succession planning, creditor protection planning and planning for highly specialized assets including Olympic-level pets/animals of significant market value.
Latest
Featured Case Studies
Explore our success stories that highlight our effective approach to legal challenges.
Specialized and Strategic Planning: Protecting Valuable and Unique Assets
An ultra-high-net-worth financial executive approached our law firm seeking comprehensive estate planning services. In addition to substantial partnership equity and personal assets, this client owned several animals that had gained significant market value over the years.
Securing a Critical Agreement to Expand Patient Access and Care
A regional oncology healthcare provider sought to establish a strategic partnership with a leading local hospital system. The goal was to integrate specific administrative services, improve patient outcomes and ensure seamless continuity of care across the region. However, negotiations were complex, with both parties aiming to protect their respective interests.