Business Details
36 Years
experience
Estate Planning & Business Law Services in Chicago
The Law Offices Of Alan E Sohn Chartered has provided trusted legal counsel in estate planning, asset protection, and business succession for over 35 years. Founded in 1990, the firm serves individuals and privately held businesses in Chicago and Northbrook, Illinois, with a focus on personalized, comprehensive solutions. Alan E. Sohn, a Martindale-Hubbell Preeminent-rated attorney, brings decades of experience in crafting wills, trusts, and business structures tailored to clients' unique needs.The firm emphasizes proactive planning to minimize tax liabilities, protect assets, and ensure smooth business transitions. With memberships in the Chicago Estate Planning Council and the American Bar Association, the practice combines legal expertise with a commitment to client education through workshops and publications. Services extend to probate administration, dynasty trusts, and family business planning, reflecting a holistic approach to wealth preservation.
Services
Estate Planning
Asset Protection
Business Succession
Probate Administration
Trust Creation
Will Drafting
Dynasty Trusts
Family Business Planning
Tax Minimization Strategies
Prenuptial Agreements
Details
- Year established: 1990
Highlights and features
- Over 35 years of experience in estate and business law
- Personalized legal strategies for complex family and business needs
- Martindale-Hubbell Preeminent-rated attorney
- Active members of Chicago Estate Planning Council and ABA
- Proven track record in probate and trust administration
Associations and certifications
- Martindale-Hubbell
What people say
Super simple process
Exceptional knowledge
Timely and thorough
Trustworthy and honest
Proven expertise
Services
Estate Planning
Comprehensive estate planning ensures your assets are distributed according to your wishes while minimizing tax burdens. Our services include wills, trusts, and advanced directives tailored to individual and family needs. We focus on creating legally sound documents that address guardianship, healthcare decisions, and business succession, providing peace of mind for clients across Illinois.
Asset Protection
Asset protection strategies shield personal and business assets from creditors and legal claims through legal entities like LLCs and trusts. We design customized plans incorporating insurance, tenancy structures, and irrevocable trusts to preserve wealth while maintaining compliance with Illinois laws and federal regulations.
Business Succession
Business succession planning ensures smooth ownership transfers through buy-sell agreements, partnership arrangements, and tax-efficient strategies. We help family businesses and privately held companies develop contingency plans that balance family interests with operational continuity, addressing both immediate transitions and long-term sustainability.
Probate Administration
Probate administration services guide executors through court-supervised estate settlement, including debt resolution, tax filings, and asset distribution. Our team streamlines the process for clients in Chicago and Northbrook, resolving contested matters and ensuring compliance with Illinois probate laws while minimizing delays.
Trust Creation
Trust creation services establish legal frameworks for asset management and distribution, including revocable living trusts and dynasty trusts. We design structures that avoid probate, reduce estate taxes, and provide controlled asset transfers across generations, tailored to high-net-worth individuals and family businesses in Illinois.
People
Alan E. Sohn
Founder & Attorney
Alan E. Sohn is a Chicago-based estate planning and business law attorney with over 35 years of experience. A Martindale-Hubbell Preeminent-rated lawyer, he specializes in wills, trusts, and business succession planning for families and privately held companies.
Questions
What is probate and how does it work in Illinois?
Probate administers a deceased's estate through court oversight, validating wills, paying debts, and distributing assets. Illinois law governs this process, with timelines varying based on estate complexity.
How can asset protection planning benefit my business?
Asset protection strategies safeguard business assets from creditors and litigation through legal structures like LLCs and trusts, ensuring business continuity and personal asset security.
What documents are essential for comprehensive estate planning?
Key documents include wills, revocable/irrevocable trusts, powers of attorney, healthcare directives, and business succession plans tailored to individual and family needs.
How does a dynasty trust differ from other trusts?
Dynasty trusts preserve wealth across generations by avoiding estate taxes at each generational transfer, offering creditor protection while maintaining control over asset distribution.
What factors should business owners consider in succession planning?
Succession plans should address leadership transitions, tax implications, family dynamics, buy-sell agreements, and legal documentation to ensure business continuity and family harmony.
