About
Attorneys
PRACTICE AREAS
Wealth Transfer & Succession Planning
AT WORK
Gregg M. Simon is Chair of the firm's Wealth Transfer & Succession Planning group. He concentrates his practice in estate planning, federal estate and gift taxation, probate and trust administration, and business planning.
IN THE PROFESSION
Gregg is a Fellow of the American College of Trust and Estate Counsel (ACTEC) and a member of the Chicago and Illinois Bar Associations, the Chicago Estate Planning Council and the Greater North Shore Estate and Financial Planning Council. He is a past Chair and served on the Chicago Bar Association Trust Law Executive Committee from 1999 to 2006. He is also a member of the Chicago Bar Association's Probate Practice and Asset Protection Committees.
Gregg is a member of the Jewish Federation of Metropolitan Chicago Professional Advisory Committee. He authored "Handling Closely Held Business Interests and Other Special Assets" for the Illinois Institute for Continuing Legal Education publication Estate Planning for Illinois Attorneys: The Basics and Beyond and is a frequent speaker on estate planning and estate administration topics.
A registered certified public accountant and a licensed real estate broker, Gregg has been named an Illinois Super Lawyer (2007-2009) and was included on "The Top 100" list for 2009. He has also been recognized by the Leading Lawyers Network as a top Illinois lawyer in the area of trust, will and estate planning law (2007-2008).
IN THE COMMUNITY
As a volunteer for the Pro Bono Guardianship Ad Litem Program, Gregg provides legal assistance to needy adults in the Cook County Probate Court. He is also a member of the Board of the International Music Foundation, which sponsors classical music in inner-city schools, Dame Mira Hess concerts and the Do-It-Yourself Messiah.
A Boston-qualified marathon runner, Gregg has run on behalf of the American Cancer Society, the American Liver Foundation, Children's Memorial Hospital and Memorial Sloan-Kettering Cancer Center.
BACKGROUND
Loyola University Chicago School of Law
J.D., 1987
University of Illinois at Urbana-Champaign
B.S., Accounting, 1984
Gregg is admitted to practice in Illinois, in the U.S. District Court for the Northern District of Illinois and in the U.S. Tax Court.
RELATED ALERTS
Making the Most of Your Estate Plan: A Year-End Review
Illinois Estate Tax: New Law Adds Flexibility for Married Couples
The Perfect Storm for Estate Planning: Making the Most of a Down Economy
Quick Action: Proposed Legislation May Adversely Affect Transfer Taxation of Closely Held Business Interests
Gifts of Depressed Value Assets Can Cause Loss of Income Tax Basis
Required Minimum Distributions from Retirement Plans Suspended for 2009
What to Do Now: 2008 Year-End Estate Planning and Review
Federal and State Tax Laws Call for Year-End Planning and Review (2007)
Changing Federal and State Tax Laws Call for Year-End Planning and Review (2006)
Changing Tax Laws Fuel Year-End Estate Planning (2005)
KETRA Offers Tax Relief through Temporary Charitable Giving Incentives
RELATED ARTICLES & PUBLICATIONS
Preparing for Year-End: Wealth Transfer and Succession Planning
Handling Closely Held Business Interests and Other Special Assets, (pdf)
RELATED NEWS & PRESS RELEASES
Gregg M. Simon to Serve as President of International Music Foundation
Gregg M. Simon Elected to American College of Trust and Estate Counsel