
Service Areas
- Business Counseling and Transactional Group
- Estate Planning and Family Office Administration
- Tax and Financial
Industry Focus
Education
- DePaul University College of Law, J.D., 1974
University of Illinois, B.S., cum laude, Accounting, 1969
Certified Public Accountant, Illinois, 1971
Bar Admissions
- Illinois
U.S. District Court
United States Tax Court
Tom Korman has worked in the business, financial, and tax planning field for over thirty years and is also a Certified Public Accountant. Tom has extensive experience in representing entrepreneurs, investors, families and family businesses and institutions. He has represented clients in a variety of industries including insurance, homeland security, cheese manufacturing, technology, mines and minerals, banking, and consulting services. His representation includes a variety of sophisticated transactions, including acquisitions and divestitures, mergers, reorganizations, and recapitalizations. Tom's practice has a further emphasis on the development and implementation of long-term wealth transfer, family business, success planning, and charitable goals. Tom was recognized as an Illinois Super Lawyer in 2008.
Tom is a frequent speaker on topics including business succession and wealth transfer planning and the design and philosophy of executive compensation plans. Tom is also a member of the Chicago Estate Planning Council.
Professional and Civic Affiliations
- Member of Executive Committee of Jewish Child and Family Services
President of Jewish Children's Bureau (2004-2006)
Law Instructor for the Becker CPA Review (1975-2000)
Adjunct professor at Northwestern University (1992-1996)
Chicago Bar Association
Illinois Bar Association
American Bar Association
Articles
- Personal Financial and Estate Planning - A Case Study
- Preserving Family Assets: The Use of Planning Charitable Giving
