About Richard
Richard L. Dees: Expert Trusts and Estates Legal Counsel in Chicago
Richard L. Dees is a dedicated and experienced legal professional specializing in Trusts and Estates, providing comprehensive guidance to owners of privately and publicly held companies, as well as high-net-worth families. With a deep understanding of complex estate planning, tax strategies, and business succession planning, Mr. Dees helps clients proactively protect their assets, minimize estate taxes, and ensure their long-term financial security. He’s recognized for his meticulous approach and commitment to tailoring solutions to meet the unique needs of each client.
Mr. Dees’ expertise extends across a broad range of areas, including developing robust estate plans, navigating intricate IRS litigation, and structuring business transactions for optimal efficiency and tax advantages. He possesses a particular strength in working with S corporations, crafting targeted succession plans designed to preserve family businesses and minimize disruption. His experience includes advising on the complex farm estate tax valuation rules under Code Section 2032A, assisting farmers, landowners, and real estate professionals in effectively managing their assets and minimizing tax liabilities.
Recognized as a leading authority in Trusts and Estates, Mr. Dees collaborates closely with a network of trusted advisors, including other lawyers, accountants, financial planners, insurance consultants, and trust officers. This collaborative approach ensures clients receive comprehensive support and the most strategic counsel available. He plays a key role in IRS litigation and structuring business transactions, leveraging his extensive knowledge to safeguard clients’ interests.
Key Areas of Expertise:
- Estate Tax Planning: Developing sophisticated estate plans to minimize estate taxes and protect family wealth across generations.
- Succession Planning: Creating tailored succession strategies for S corporations and family businesses, ensuring a smooth transition of leadership and ownership.
- Trust Administration: Managing trust assets and distributions efficiently and in accordance with trust terms.
- Business Planning: Integrating estate planning with overall business strategy for long-term sustainability.
- Farm Estate Tax Valuation: Applying complex valuation techniques under Code Section 2032A for agricultural assets.
- Tax Optimization: Implementing strategies to minimize tax liabilities across various asset classes.
Education & Credentials:
Mr. Dees is consistently recognized for his expertise and contributions to the field of Trusts and Estates. His accolades include:
- Lawyer of the Year: Trusts and Estates, Chicago (2013)
- Recognized: Trusts and Estates, Special Focus: Estate Planning, Special Focus: Partnership and Limited Liability, Special Focus: Planning for Closely Held Businesses, Special Focus: Tax
- Recognized Since: Recognized in Best Attorney USA since 1993
Professional Affiliations:
- Chicago Bar Association
- Illinois State Bar Association
Location: Chicago, Illinois
Richard L. Dees is dedicated to providing strategic and effective legal counsel to his clients, ensuring they achieve their financial goals and protect their legacies. His experience and commitment make him a valuable asset for individuals and families seeking expert guidance in trusts, estates, and related matters. He offers unparalleled legal support in a variety of complex situations and is committed to building long-term relationships based on trust and results. He actively engages in litigation and business transaction matters, providing robust legal defense and strategic solutions. Contact Richard L. Dees today to discuss your specific needs and how he can help you achieve your objectives. He routinely consults on IRS litigation and structuring business transactions, often working alongside other legal and financial professionals to deliver the best possible outcomes for his clients.
