Adam M. Ansari
Adam M. Ansari advises on federal income, estate, and gift tax planning matters. Adam develops and implements strategies, structures, and plans for businesses and families to maximize tax savings, and educates clients on changes to state residency, changes to the Internal Revenue Code, and best practices to avoid tax controversies and examinations.
An experienced tax court advocate, Adam assists client accountants and attorneys on a wide range of tax and compliance-related issues to favorably resolve tax controversies and audits at both the state and federal levels.
In his estate planning practice, Adam assists families on the design and implementation of comprehensive estate plans, including the preparation of powers of attorney, wills, revocable trusts, spousal lifetime access trusts, grantor trusts and intentionally defective grantor trusts, GST tax exempt trusts, charitable trusts, asset protection trusts and special needs trusts, as well as gift agreements, private foundations, and family limited partnerships. In addition, Adam assists with the formation of business entities and the negotiation and drafting of operating agreements, compensation agreements, separation agreements, lending agreements, and purchase and sale agreements.
Adept at working alongside family law attorneys, Adam often provides guidance for the protection or separation of unique and hard-to-value assets.
Named among Best Lawyers: Ones to Watch in America® in Tax Law; Trusts and Estates by Best Lawyers (2022)
Named among Illinois Rising Stars by Thomson Reuters (2016 – 2021)
Chicago Estate Planning Counsel
Illinois State Bar Association
South Asian Bar Association
The American College of Trust and Estate Counsel, Young Leader
American Bar Association, Real Property Trust & Estate Section, Current Leadership Member, Past Fellow
Tax Clinic, Center for Economic Progress, Volunteer
American Bar Association, Young Lawyers Division, Solo and Small Firm Practice Group, Past Chair
AmeriCorps VISTA, American Red Cross, Alumni
State Bar Licenses
- Taxation Concerns for Individuals Splitting Time Between the United States and India, American Bar Association, Real Property, Trust & Estate Law Section, E-Report (2017)
- Protecting Assets, Supporting our Elders, and More on Fiduciary Litigation, American Bar Association, Real Property, Trust & Estate Law Section (2017)
- Annual Tax Symposium Virtual Series Part IV, 2021