Trusts and Estates - General Attorney in Chicago, IL

In-House

Chicago, IL

Trusts and Estates - General Attorney in Chicago, IL

Attorney

Min 5 yrs required

No

Estate Planner/Fiduciary Counsel - Chicago, Illinois

Salary: $170,000-$195,000 (actual salary will vary based on skills, experience, and qualifications)

Job Description:

The Estate Planner/Fiduciary Counsel will be responsible for reviewing clients' estate planning and trust documents, advising Client Advisors and clients' lawyers on technical matters, and identifying potential trust and estate tax issues. They will also review estate planning documents to determine if Bessemer can accept appointment as fiduciary, provide legal expertise to resolve fiduciary issues, and advise on internal fiduciary procedures. The role also involves business development, attending industry events, and writing articles for professional journals.

Key Responsibilities:

- Review clients' estate planning and trust documents and advise on technical matters
- Identify potential trust and estate tax issues for clients and Client Advisors
- Prepare memos or letters for clients with recommendations
- Review estate planning documents to determine if Bessemer can accept appointment as fiduciary
- Provide legal expertise to resolve fiduciary issues
- Advise on internal fiduciary procedures
- Participate in industry events and develop intermediary contacts for business development
- Write articles for professional journals
- Stay up to date on legal and estate planning trends through seminars, conferences, and research
- Work with philanthropic advisory group and tax department on charitable planning
- Serve as a resource for state laws specific to region
- Travel to client and prospect meetings and annual department retreats

Qualifications:

- 5+ years of relevant estate planning law practice or wealth management/trust company experience
- Experience drafting or administering documents for clients
- . and active registration with a State Bar Association
- . in taxation preferred

About Bessemer Trust:

Bessemer Trust is a leading multifamily office, overseeing more than $200 billion in assets for over 3,000 individuals and families of substantial wealth. Its 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service. Bessemer Trust was established in 1907 as the family office for Annie and Henry Phipps and is currently in its seventh generation of ownership by the Phipps family. The firm is committed to putting clients' interests first, maintaining a fiduciary mindset, and fostering a highly collaborative culture.

Benefits:

- Competitive base salary and discretionary annual bonus
- 401(k) plan with a generous annual profit-sharing contribution
- Personalized development and career opportunities, including tuition reimbursement support
- Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
- Employee assistance and wellness programs
- Hybrid work environment: 60% in office, 40% remote for most positions
- Paid time off and paid parental leave
- Employer-paid life insurance and short- and long-term disability coverage
- Legal services and financial wellness plans at no cost to employees

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.