Julia A. Turk

Julia A. Turk

Principal
P:
312.521.2428
F:
312.521.2328

Overview

With 20 years of experience, Julia is an accomplished corporate attorney who provides top-level service and practical advice across a broad variety of transactional matters.

Julia’s corporate background is complimented by her deep experience in federal, state and local income taxation. She effectively advises clients on tax-efficient structures in mergers, acquisitions, dispositions, private equity funds and corporations. She also provides guidance on federal income tax consequences relating to the formation and operation of limited liability companies, general and limited partnerships, tax-exempt organizations, and S and C corporations.

In addition to providing tax guidance, Julia regularly negotiates operating, partnership and shareholder agreements and incentive compensation arrangements, including stock options, warrants and phantom stock plans. She also advises investors, lenders and developers in low-income housing tax credits, rehabilitation tax credits and new markets tax credit transactions.

Among her more notable engagements are the formation and structuring of a $350 million international real estate investment fund, and two $100 million international real estate funds.

Julia teaches “Federal Income Tax Aspects of Real Estate” at The John Marshall Law School, where she is a member of the adjunct faculty. She is also a member of the Tax Section of the American Bar Association and co-author of "Selection of a Business Entity," a chapter in the Illinois Institute for Continuing Legal Education's Business Law—Choice of Entity (2011 Edition). In addition, Julia has experience in public, political-campaign fundraising, having served as the finance director for the Cook County Clerk.

Julia is the co-chair of Much Shelist’s Women's Initiative.

Credentials

Education

New York University School of Law
LL.M., 1998, Taxation
Loyola University Chicago School of Law
J.D., 1997, cum laude
University of Michigan
B.A., 1990

Bar Admissions

Illinois

Court Admissions

U.S. Tax Court

Professional Organizations

  • American Bar Association, Tax Section

Community

When Julia is not busy advising clients on tax-related matters, she serves as Chair of the board of directors for Chicago’s Emerald City Theatre, where she has held a variety of leadership positions and been actively involved since 2008.

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