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Elizabeth S. Schaub - Harrison LLP - Harrison LLP

Elizabeth S. Schaub

Elizabeth S. Schaub - Harrison LLP

Elizabeth S. Schaub

Partner | Chicago, IL

Elizabeth advises clients on estate planning, estate and trust administration, exempt organizations, and charitable planning matters.

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Schaub_Elizabeth_Shepard_2024

Elizabeth (“Beth”) Schaub advises clients on estate planning, estate and trust administration, exempt organizations, and charitable planning matters. She has over 25 years of experience designing and implementing estate and succession plans, counseling, and advising executors and trustees regarding fiduciary duties, administering estates with values up to and exceeding $100 million, creating and administering charitable entities, and resolving valuation, income, estate, and gift tax issues.

Beth serves as legal advisor and general counsel to many exempt organizations including public charities, supporting organizations, and private foundations. She particularly enjoys using these skills to assist clients create charitable legacies and to improve the world in accordance with their values and goals.

Clients describe Beth as kind and smart who takes a practical approach to complicated situations and strives to make them comfortable during an often stressful process. Beth enjoys assisting her clients to design estate plan that promotes their family’s values and also appreciates the challenge of solving complex situations to her client’s benefit.

Before joining Harrison LLP, Beth was an attorney Nixon Peabody LLP, Taft, Stettinius & Hollister LLP and McDermott, Will & Emery LLP.

In her free time, Beth enjoys reading fiction, creative writing and spending time with her family.

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Capabilities

Charitable Planned Giving

Estate Planning

Estate & Trust Administration

Family Business Advice

Family Office Services

Non-Profit Organizations

Tax Planning

Representative Matters

Advised and structured a family office to streamline and coordinate the management of family assets in a tax efficient manner.

Created a family foundation that provides a philanthropic family legacy.

Counseled surviving spouse through complex estate administration, including the liquidation of business assets and funding trusts to optimize tax savings for future generations.

Designed estate plan resulting in optimal tax savings while benefiting future generations and charity.

Created a public charity to allow an employer to provide hardship grants to employees, contractors, and their families.

Serves as general counsel to a start-up family foundation to create policies and advise to ensure the organization complies with IRS rules.

Serves as legal advisor to a public charity providing home remodels to families of children with complex medical needs.

Admissions

Illinois

Wisconsin

Education

University of Notre Dame, J.D. cum laude

University Of Illinois, B.A.