Practice Groups

Asset Protection
- Domestic and foreign structures
- Both offshore and domestic asset protection trusts, LLC's and other entities as appropriate, including connections and introductions with offshore and domestic trustees, protectors, bankers, and invest advisors as required to ensure proper implementation, administration, and compliance
- Pre-marital and pre-divorce
planning
- Negotiation and drafting of pre- and post-marital agreements, asset protection structures, creative use of trusts, and providing counsel on risks associated with ownership structures
- LGBT family planning
- Planning for the LGBT community, including cohabitation agreements, wills and trusts, tax planning, civil unions, powers of attorney, etc.
- Business structuring
- Planning could include multiple divisions, subsidiary LLC's and corporations, holding companies, management and expense sharing agreements, and ownership and management succession planning, all with particular attention to isolating risk to the extent practical
- Special needs and disability
planning
- Our practice includes addressing the needs of both the disabled and the elderly, and includes the use of special needs trusts, OBRA trusts, guardianships, powers of attorney, and other issues unique to these communities
- Insurance planning
- Insurance trusts, buy/sell funding, wealth replacement, private placement, key man, charitable gifts, funding solutions
- Integration with income tax
planning
- The firm began in the 1970's as a tax boutique, and we have never moved far from our roots, applying all of our tax planning skills and experience to the work performed by the firm.
- Integration with estate plan
- Asset protection plans are almost always most effective when coordinated with the client's estate and business planning.
- Coordination and team approach with other integral advisors
- Working comfortably with other professional advisors, whether as the quarterback or fullback, depending on what is required and appropriate in a given situation
Professionals
Industries Served
- Art Collection
- Automotive Manufacturing & Dealerships
- Banking
- Broadcast Media
- Construction
- Energy & Utilities
- Entrepreneur/Start-Up Companies
- Financial Services
- Food/Beverage Services & Hospitality
- Healthcare
- Information Technology
- Leasing Companies
- Logistics
- Manufacturing & Distribution
- Mortgage Companies
- Not-For-Profit Organizations
- Pharmaceuticals
- Retail
- Service Companies
- Specialty Finance
- Telecommunications
- Trading Companies
Articles
- "Key Issues for Collectors: Buyer Beware," Family Foundation Advisor, May/June 2017
- "The Art of Well-Crafted Planning for Good Deeds," Family Foundation Advisor, July/Aug 2015
- "Planning for Art Investments: Taxation, Valuation, Estate Planning, and Charitable Giving," Civic Research Institute, April 2015
- "Private Operating Foundations: The 'Hands-On' Approach to a Charitable Legacy," Family Foundation Advisor, July/Aug 2014
- "Key Issues for Collectors: Working with Museums," Family Foundation Advisor, Mar/Apr 2014
- "Planning Options to Enhance the Value of an Art Collection," Bloomberg BNA, March 2014
- "Key Issues for Collectors: Working with Dealers and Auction Houses," Family Foundation Advisor, Nov/Dec 2013
- "Key Issues for Collectors: Income, Gift, and Estate Tax Planning," Journal of Taxation of Investments, Fall 2013
- "Key Issues for Collectors: Ownership, Authenticity, and Provenance," Family Foundation Advisor, March/April 2013
- "Gift Agreements: Ensuring a Shared Legacy," Family Foundation Advisor, January/February 2013
- Use It or Lose It: Unprecedented Gift Tax Exemption Expires at Year-End
- Life Insurance Litigation Post-Divorce: Easy to Avoid, Commonly Neglected
- Strategies for Private Foundations Planning
- Real Estate and Divorce: Breaking Up Is Hard To Do
- Knowledge Is Power: Understanding Your Donor's Personality and Motivations
- "Most Common Estate Planning and Asset Protection Mistakes: A Practitioner's Lists," Journal of Taxation of Investments, Summer 2006
Presentations
- "Key Issues for Collectors: Authenticity, Provenance, and Working with Museums," Richard M. Horwood, DePaul Law Journal of Art, Technology and Intellectual Property Annual Symposium, April 6, 2015
- “Planning for Art as Unique Assets: Key Issues for Collectors, Their Heirs, and Advisors,” Richard M. Horwood, 40th Annual Notre Dame Tax Estate Planning Institute, Nov. 13, 2014
- “Insights to Ignite Your Development Initiatives in A Challenging Environment,” Richard M. Horwood (et al.), William Blair & Co. Roundtable, Oct. 24, 2012
- "Unlocking Your Donors' Non-Cash Treasure Chests," Richard M. Horwood, National Conference on Philanthropic Planning, Oct. 4, 2012
- "Imagine the Possibilities: Opportunities for Non-Cash Donors," Chicago Council on Planned Giving, Jan. 17, 2012
- "The Art of Non-Cash Charitable Giving," Richard M. Horwood, Chicago Estate Planning Council, Sept. 22, 2011
News & Events
- HMB's Julia Santullano to Speak at the Annual Conference of the Financial Planning Community in Illinois
- HMB's David Berek to Speak on the Significance of State Residency for Trust Fiduciary Income Tax Purposes
- HMB's Jeff Zaluda to Present "Asset Protection Planning from A-Z" at FPA Spring Forum
- HMB's Jeff Zaluda to Speak at WTTW-WFMT Annual Estate Planning Seminar for Professional Advisors
- HMB's Richard Horwood to Speak at Special Block Museum Tour of Chicago's Conservation Center
- HMB's Richard Horwood to Speak at 40th Annual Notre Dame Tax and Estate Planning Institute
- HMB's Richard Horwood and Chelsey Ziegler to Speak in NYC at Bloomberg-BNA Tax Roundtable
- IIT Chicago-Kent College of Law Course Presentation, February 2013
- Notre Dame Tax and Estate Planning Institute, September 2012
- Illinois Institute for Continuing Legal Education Presentation, February 2012
- IMCA 2011 Advanced Wealth Management Conference, October 2011
Cases
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