Protecting Wealth – Now and for Generations to Come
The accumulation of wealth is the result of hard work and vision. Its preservation requires careful planning and stewardship. Schiff Hardin's Private Clients Trusts and Estates Group is committed to helping our clients safeguard their wealth and fulfill the legacy they wish to achieve with it.
We devise and implement strategies that meet our clients' goals for their wealth and plan for its stewardship for future generations. Good stewardship means both minimizing the impact of taxes and addressing each client’s unique circumstances. Our sharp focus on both provides clients with personalized, creative solutions. We are equally committed to seeing plans through, by advising both client beneficiaries of wealth as well as client business successors.
Our clients benefit from the dedication and depth of experience among our team of more than 25 attorneys. We are industry leaders: seven members of our group have been elected Fellows of the American College of Trust and Estate Counsel (ACTEC), the most distinguished professional organization is this field. Our practice is nationally ranked in Chambers USA, and ranked national tier 1 in U.S. News – Best Lawyers®.
Comprehensive Estate Planning Capabilities
We provide the full range of estate planning services for our individual clients and families. Our client relationships often start with a client's testamentary estate plan. We create the documents that ensure that client wealth will be transmitted in the way our client intends, while minimizing estate taxes.
For many clients, the process does not end with testamentary documents. We work closely with our clients on lifetime wealth transfer strategies and charitable planning, and on coordination of their estate plans with business succession planning. We also provide the insights and experience some clients require to address special needs planning or same sex relationships.
Our team also serves the institutions that are integral to our individual clients' financial lives: private businesses, family offices, charitable organizations, and banks and trust companies. We advise these organizations on succession planning, governance, fiduciary obligations, risk management, and tax planning.
Whether the challenges facing the client are tax, fiduciary, or family oriented, local or international, we are ready to resolve them in a timely manner.