Gregg M. Simon

Principal

Chicago, IL

312.521.2605

Overview

Gregg is a respected authority on estate and trust matters with more than 30 years of experience in taxation and wealth preservation strategies. Chair of the firm’s Wealth Transfer & Succession Planning group, Gregg represents individuals, families and fiduciaries on estate planning, federal estate and gift taxation, generation-skipping transfer taxes, probate and trust administration.

Gregg also advises business owners on effective succession planning and tax structures. He knows that the goals of individual family members are sometimes out of sync, and when family conflicts come into play, he applies his negotiating skills and conflict resolution experience to help minimize family disputes, avoid litigation, and protect the interests of beneficiaries and other parties.

For many individuals and families, philanthropy is a top priority. Gregg advises his clients on the formation and management of charities, foundations and other non-profit organizations.

Author of "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, Gregg is a frequent speaker on estate planning, and estate and trust administration. He has also testified before the IRS on behalf of ACTEC, giving comments to proposed regulations on basis consistency and reporting laws.

Credentials

Education

Loyola University Chicago School of Law

J.D., 1987

University of Illinois at Urbana-Champaign

B.S., 1984, Accounting

Certified Public Accountant

Bar Admissions

Illinois

Court Admissions

U.S. District Court for the Northern District of Illinois

U.S. Tax Court

Professional Organizations

American Bar Association
Illinois State Bar Association
Chicago Bar Association, Probate Practice and Asset Protection Committees
Chicago Bar Association, former Member (1999-2006) and past Chair of the Trust Law Executive Committee
American College of Trust and Estate Counsel, Fellow and Member of the Asset Protection and Fiduciary Income Tax Committees
Chicago Estate Planning Council, Board of Directors
Greater North Shore Estate and Financial Planning Council
Jewish United Fund/Jewish Federation of Metropolitan Chicago, Chair of the Estate Planning Professional Advisory Committee
Ann & Robert H. Lurie Children's Hospital of Chicago Foundation, Legacy Partners Professional Advisory Group

Community

Gregg is a member of the board and past president of the International Music Foundation, which sponsors classical music education in inner-city schools, the Dame Myra Hess Memorial concerts and the annual Do-It-Yourself Messiah.

An avid marathon runner, Gregg has run in the Boston and Chicago marathons on behalf of the American Cancer Society, the American Liver Foundation, Children's Memorial Hospital and Memorial Sloan-Kettering Cancer Center.