Estate Planning and Wealth Preservation

Schiff Hardin is widely known for its focused group of professionals working with private clients, and our practitioners have been recognized as leaders in wealth transference issues.

Our firm has a long history of representing clients that face the unique challenges of owning and operating family-owned businesses. We analyze questions relating to the most effective means of transferring control of the company to future generations, while considering the non-tax goals of the family.

We work with clients to devise effective strategies for management and control of the company and related employment issues involving family members. As appropriate, we assist in recapitalizing private companies to limit the value of the control stock in the hands of the parents for estate tax purposes and permit them to pass on to their children the incremental increase in value of stock, while concurrently enabling them to retain effective control of the company's operations.

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Schiff Hardin LLP is a general practice law firm representing clients across the United States and around the world. We have nearly 400 attorneys in offices located in Atlanta, Boston, Chicago, Lake Forest, New York, San Francisco and Washington. Our attorneys are strong advocates and trusted advisers — roles that contribute to many lasting client relationships.