Michael Diedrich
High Net Worth Guide 2024
Band 4 : Private Wealth Law
Band 4
About
Provided by Michael Diedrich
Experience
Michael represents individuals and their families on all aspects of estate planning. He counsels executives, entrepreneurs, and owners of closely-held businesses, high-net-worth individuals, and family offices on complex, estate, gift, generation-skipping, and other tax planning matters.
For over 25 years, Michael has represented clients in wealth transfer and succession strategies involving real property, closely held businesses, publicly traded stock, and other investments. He structures family limited partnerships, limited liability companies, and various types of trusts. He advises trustees on how to satisfy their fiduciary obligations to trust beneficiaries, efficiently administer their investments, and protect family wealth for future generations. Michael also represents clients in the transfer of modest estates and guardianships.
Michael prepares estate tax returns, fiduciary income tax returns, and not-for-profit returns, and he defends taxpayers during IRS audits and appeals.
Practice Areas
Private Client
Family Office Practice
Estate Planning
Probate and Trust Administration
Personal Tax Planning
Education
Chicago-Kent College of Law
J.D.
Chambers Review
High Net Worth
Michael Diedrich of Taft Stettinius & Hollister LLP is a trusted adviser for private clients and regularly helps to restructure trusts and guide on business succession issues. He is well known for his work in the philanthropic planning space.
Strengths
Provided by Chambers
"I would highly recommend Michael for estate planning, especially for high or ultra high net worth families. He is familiarwith tax law, trusts and gifting issues, and cares about the families."
"He is my go-to for estate planning issues."
"I would highly recommend Michael for estate planning, especially for high or ultra high net worth families. He is familiarwith tax law, trusts and gifting issues, and cares about the families."
"He is my go-to for estate planning issues."