Richard S. Klott
Of Counsel
Richard S. Klott is Of Counsel with Grund & Leavitt. He joined Grund & Leavitt, P.C. in July 2019.
Rich's practice of over four decades focuses on estate planning and administration, trust administration, tax, probate, corporate law to maximize wealth protection, and minimize taxes. Rich counsels individuals and families on all aspects of estate planning, asset protection and tax including:
lifetime tax reduction transfers
implementation of gift and estate tax reduction strategies
utilization of trusts for control and creditor protection
Rich represents fiduciaries in the administration of estates and trusts. His clientele includes families, individuals with inherited assets, owners with successful businesses and other attorneys. Rich advises closely held businesses, physicians, physician organizations and other healthcare providers on a variety of tax and business planning matters. He also advises and assists his business owners and healthcare clients in estate planning, asset protection, wealth transfer and minimizing tax. Rich advises individual clients on gifting strategies and prenuptial and postnuptial agreements.
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Joint J.D./M.B.A. Washington University in St. Louis School of Law and Olin School of Business
B.A. University of Illinois at Urbana-Champaign
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Illinois
United States District Court, Northern District of Illinois
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Illinois State Bar Association
American Health Lawyers Association
National Academy of Elder Care Attorneys
Lake County Bar Association
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