Overview

As a junior lawyer, Dave Hodgman knew he wanted his practice to involve complex issues of taxation. A trusts and estates practice offered this variety, but also required knowledge of many other legal areas including fiduciary law, real estate, corporate law and litigation.

When Dave started practice, most young lawyers had to try their hands at a wide range of disciplines, and doing so gave him a broad background in these and related areas. Over the years he has concentrated in the areas of estate planning, probate, trust litigation, private companies and charitable foundations.

Clients often call upon Dave in potential conflict situations due to his non-confrontational manner and ability to find creative solutions. His 40 years of experience afford a broad perspective which helps him identify compromise solutions, and his collegial approach minimizes the risk of litigation.

Dave works with many corporate fiduciaries with regard to risk management and complex trust administration. He has represented numerous corporate and individual fiduciaries with respect tax and non-tax matters including fiduciary liability litigation.

  • Credentials

    Education

    • Yale Law School, J.D., 1974
    • Grinnell College, B.A., 1969

    Bar Admissions

    • Illinois
    • U.S. Court of Appeals for the Seventh Circuit
    • U.S. District Court for the Northern District of Illinois
    • U.S. Tax Court

      Professional Memberships

      • American Bar Association
      • American College of Trust and Estate Counsel (ACTEC), Fellow
      • Chicago Bar Association, Probate Practice — Legislative Committee, Former Chair
      • Chicago Estate Planning Council
      • Estate Planning magazine, Member of the Editorial Board
      • Illinois State Bar Association
    • Insights

      TITLE
      News Release

      95 Schiff Hardin Lawyers Named to 2018 Leading Lawyers Lists

      Ninety-six Schiff Hardin lawyers have been named to the 2018 Leading Lawyers lists for Illinois and Michigan.

      News Release

      40 Attorneys Named to 2018 Illinois Super Lawyers, Rising Stars, and Top Women Lists

      Forty Schiff Hardin attorneys have been recognized on the 2018 Illinois Super Lawyers and Rising Stars lists.

      News Release

      Schiff Hardin Lawyers Named to 2018 The Best Lawyers in America

      Schiff Hardin is pleased to announce that five attorneys have been named a “Lawyer of the Year” in the 2018 edition of The Best Lawyers in America©.

      News Release

      Sixth Schiff Hardin Attorney Elected ACTEC Fellow

      Schiff Hardin LLP is proud to announce that Christine R. W. Quigley has been elected a fellow of the American College of Trust and Estate Counsel (ACTEC).

      News Release

      99 Schiff Hardin Attorneys Named to 2017 Leading Lawyers List

      Ninety-nine Schiff Hardin lawyers have been named to the 2017 Leading Lawyers list for Illinois and Michigan.

      News Release

      39 Schiff Hardin Lawyers Named to 2017 Illinois Super Lawyers, Rising Stars Lists, and Two Schiff Hardin Attorneys Named to Top 50 Women Lawyers

      Thirty-nine Schiff Hardin attorneys have been selected for inclusion on the 2017 Illinois Super Lawyers and Rising Stars lists.

      News Release

      53 Schiff Hardin Attorneys Recognized in The Best Lawyers in America© 2017

      Three Schiff Hardin attorneys also received the prestigious Best Lawyers’ 2017 “Lawyer of the Year” award.

      News Release

      3 Schiff Hardin Attorneys, Private Clients, Trusts and Estates Group Ranked by Inaugural Chambers High Net Worth Guide

      Chambers HNW 2016 is the publisher’s first directory for the private wealth market, recognizing the world’s leading high net worth advisers.

      News Release

      25 Schiff Hardin Attorneys, 7 Practice Areas Ranked by Chambers USA 2016

      Twenty-five Schiff Hardin attorneys and seven practice areas received leading rankings in the 2016 edition of Chambers USA: America’s Leading Lawyers for Business.

      News Release

      91 Schiff Hardin Lawyers Named to 2016 Illinois, Michigan Leading Lawyers Network

      The list is comprised of those attorneys who are most recommended as top lawyers among their peers.

      Other Publications

      • “State Court Upholds Mandatory Arbitration of Trust Disputes,” Estate Planning (Jan. 2014)
      • “IDGT On Steroids – Current Conditions Strengthen Benefits,” Estate Planning (Jul. 2011)
      • “Designating the Application of Another State’s Laws in a Trust,” (co-author) The Practical Practitioner, Estate Planning, Vol. 38, No. 4 (Apr. 2011)
      • “Solutions for Cash Flow Problems of a GRAT,” Estate Planning (Nov. 2010)
      • “Non-Qualified Charitable Trusts,” (co-author) Trusts & Estates: Charitable Giving Supplement (Oct. 2010)
      • “Scratching Your Head Over 2010 Estate Plans?,” Trusts & Estates (Aug. 2010)
      • “Terminating a NIMCRUT: What Are the Tax Consequences and Other Issues?” Estate Planning (Oct. 2009)
      • “Using a Contract to Make A Will to Protect Children's Inheritance,” Estate Planning (Sep. 2009)
      • “Planning with Grantor Charitable Lead Annuity Trusts,” Estate Planning (Aug. 2006)
      • “The Kindest Cut of All — Proposed Regulations For Making Qualified GST Severances,” Estate Planning (Mar. 2005)
      • “Practical Solutions for PHCs and C Corporation Investment Companies,” Estate Planning (Sep. 2004)
      • “Judicial Reformation of Trusts: The Last Chance to Change a Trust,” Trusts & Investments (Nov./Dec. 2003)
      • “IRS Rulings Provide Guidance on Early Termination of CRUT's,” Estate Planning (Jan. 2003)
      • “Private Foundations: Maintaining Donor Control,” Estate Planning Studies, Harris Bank (Apr. 2002)
      • “Carryover Basis: Planning and Drafting Issue,” Estate Planning (Dec. 2001)
      • “Judicial Reformation of Trusts — The Drafting Tool of Last Resort,” Estate Planning (Jun. 2001)
      • “Can Incentive Trust Encourage Children to Behave Responsibly?” Estate Planning (Dec. 2000)
      • “New Proposed Regulations Explain Permitted Changes to GST Grandfathered Trusts,” Estate Planning (Mar./Apr. 2000)
      • “Final Regulations Offer Guidance and Opportunities for CRTs,” Estate Planning (May 1999)
      • “Designing Private Foundations — Avoid the Cookie-Cutter Approach” Estate Planning (Dec. 1998)
      • “Drafting for the Marital Deduction in Light of the New Family-Owned Business Exclusion,” Estate Planning (Jun. 1998)
      • “Drafting Flexible Irrevocable Trusts,” Estate Planning (Jun. 1996)
      • “The ‘Double-Skip’ Trust — A Valuable GST Tax Planning Tool,” Estate Planning (Sep./Oct. 1995)
      • “Qualified Personal Residence Trusts Yield Tax Savings,” Estate Planning (Jul./Aug. 1995)
      • “Analyzing GRATS: Does the Emperor Have Any Clothes?” Trusts and Estates (May 1995)
      • “Grantor Retained Annuity Trusts and S Corporation Stock,” Trusts and Estates (Dec. 1993)
      • “Fiduciary Problems with Insurance Trusts,” ACTEC Notes (Winter 1992)

      Speeches & Presentations

      He is a frequent speaker and member of the planning committees for numerous seminars conducted by groups, such as the Illinois Institute for Continuing Legal Education (IICLE), the Chicago Bar Association, and the American College of Trust and Estate Counsel in the areas of probate and estate planning.

    • Citizenship

      Civic and Charitable Memberships

      • Evanston Parks Foundation, President
      • Evanston Recreation Board, Former President