Chicago, IL family law attorney Michael Lodermeier talks about his experience in handling high net-worth cases. He estimates that about half of his practice involves clients classified as high net worth, and roughly half of his caseload is devoted to these types of clients and cases. One of the strengths he brings to this work is extensive experience with complex cases involving high net worth individuals whose assets are often spread across private equity firms and other sophisticated investment vehicles.

He has deep knowledge of the tax returns associated with these investments, how the assets are structured, and how they can be transferred. Since high net worth clients sometimes hold assets that cannot be easily retitled or transferred, he has developed strategies to ensure that a client’s interest can be properly allocated—often through trusts or other vehicles—so they can secure their rightful portion of the asset.