Lawrence I. Richman

Larry is chair of the firm’s Private Wealth Services practice group. He facilitates successful legal strategies for entrepreneurs, tax-exempt organizations, fiduciaries and high-net worth families and individuals. This work involves estate, gift and charitable planning issues, including business succession, tax-efficient ownership structures, sophisticated tax-exempt structures, trust and estate administration, executive benefits, life insurance and international estate planning for wealthy individuals.

Larry is nationally recognized for his ability to conceptualize effective methods that enable family offices and wealthy individuals to make well-informed business and legal decisions at every level of their operations. Attorneys, businesses, families and entrepreneurs all over the country frequently retain him to provide a second opinion on sensitive or high-exposure matters not only because of his extensive experience in estate and trust and tax law, but also his experience dealing with the complex factors that motivate the affluent in managing their business and personal affairs.

Larry’s clients face singular challenges: planning for succession, constantly evolving estate and tax planning regulations, generation-skipping taxes and complex family issues.

Larry has served as chairman of the Trust Law Committee of the Chicago Bar Association, is a fellow of the American College of Trust and Estate Counsel, where he serves on its Business Planning and Fiduciary Income Tax Committees, and is a frequently published author and speaker. He is also the Estate and Succession Planning columnist for CCH’s Journal of Passthrough Entities.

Larry has been recognized as a leader in Chambers High Net Worth in “Private Wealth Law” since 2018. He was also recognized as a national leader in Chambers USA: America’s Leading Lawyers for Business in “Wealth Management” from 2006 to 2017. He has also been named for inclusion in Super Lawyers, Who’s Who in America, and Who’s Who Legal: The International Who’s Who of Business Lawyers. He was named to Worth magazine’s 2006, 2007 and 2008 “100 Top Attorneys” nationwide list in recognition of his private client work advising entrepreneurs, tax-exempt organizations, fiduciaries and high net worth families on estate, gift and charitable planning issues.