Built on Relationships and Integrity

Charles F. Schultz

Charles F. Schultz

Partner
Location:
Chicago, Illinois
Phone:
312-471-2900
Email:

Chuck is the Partner responsible for the firm's overall tax planning practice. Chuck is both a licensed C.P.A. and attorney with over 30 years of experience providing sophisticated international and domestic estate, income and business tax planning strategies for high net worth individuals and closely-held business owners. Chuck has been both a frequent presenter and author providing guidance on a number of important topics faced by taxpayers today.

Chuck most recently served at RSM US as the National Tax Partner of the firm's Private Client Service Group. Chuck has also served as National Tax Director at the Washington, DC, office of Coopers and Lybrand, as Senior Tax Manager at Deloitte and Touche in Chicago; and as Vice President and Chief Compliance Officer for Allstate Financial Services (broker/dealer) and Allstate Financial Advisors (registered investment advisor).

Chuck had served as an adjunct faculty member for the Georgetown University School of Law, he hosted a daily radio tax topic program on WPGC in Washington, DC, and he also has been a frequent contributor on a number of tax topics in the press.

Examples of his most recent contributions include, but are not limited to, the following.
• Interview. Accounting We b, The Future of Student Loans - What to do now, July 16, 2013
• Interview. CCH, The Federal and State Tax Law Impact of the Repeal of the Defense of Marriage Act, July 2, 2013
• Interview. BNA, Favorable Rates & Changing IRS Landscape Dominate Estate, Trust Agenda in 2013, January 30, 2013
• Interview. BNA Roundtable on whether the estate tax will be retroactively applied, March 2010
• Interview. Associated Press on the impact of the estate tax repeal, January 2010
• Interview. CNNMoney on the impact of the estate tax repeal, January 2010
• Bloomberg Panel Discussion. Year End Family Office Issues - Income, Estate, and Gift Tax Planning, November 19, 2010
• AICPA Panel Discussion. Estate, Income Tax & Financial Planning for the 99%, Panel Discussion, May 25, 2016
• Author. Investment & Wealth Monitor, "Estate and Gift Tax Planning Under the 2010 Tax Relief Act: A Guide for Fiduciaries and Wealth Managers," July 2011
• Co-Author. Tax Advisor Magazine, "Estate Tax Planning for a U.S. Citizen with a Noncitizen Spouse," April 2010
• Author. Tax Advisor Magazine, "Impact of Knight Case Regarding the Deductibility of Investment Advisory Fees," April 2008
• National Web Broadcast. Yearend Tax Considerations and a Look Ahead, November 12, 2015
• National Web Broadcast. Sophisticated Estate and Business Succession Planning Ideas for 2015, May 14, 2015
• National Web Broadcast. IRC Sec. 67 and the Unbundling of Fees, Iowa Bankers Association, December 15, 2014
• National Web Broadcast. Year-end Tax Planning Considerations for High Net worth Individuals and Families, December 2, 2014
• National Web Broadcast. U.S. Tax Reporting for International Investments and Retirement Plans, July 15, 2014
• National Web Broadcast. Administering the Private Trust Company: Some Key Issues to Consider, Family Office Exchange, May 7, 2014
• National Web Broadcast. Administering the Private Trust Company: Some Key Issues to Consider, Family Office Exchange, May 7, 2014
• National Web Broadcast. Proper Planning and Compliance - Form 1041, July 23, 2013
• National Web Broadcasts. Capitol Hill Update: Estate and Gift Tax Planning, Understanding the New Permanent Rules, May 7 and May 14, 2013
• National Web Broadcast. Overview of the American Taxpayer Relief Act of 2012 and Its Potential Impact for Individuals and Family Businesses, February 12, 2013
• National Web Broadcast. Capitol Hill Update: Overview of the American
Taxpayer Relief Act of 2012 and Its Potential Impact, January 16, 2013
• National Web Broadcast. Corporate and Individual Tax Strategies for 2013, National Systems Contractors Association, January 15, 2013
• National Web Broadcast. Year End Tax Planning Considerations for Individuals and Family Businesses, November 15, 2012
• National Web Broadcast. Year End Planning Strategies for the High Net Worth Individual, November 2, 2012
• National Web Broadcast. Year End Tax Planning Considerations for Individuals and Family Businesses, December 1, 2011
• National Web Broadcast. A High Net Worth Primer: Creating Certainty in an Uncertain World, June 15, 2011
• Speaking Engagement. Yearend Planning - Latest Developments and the Important Role CFP's Must Play to Address Them, FPA Conference for Advanced Planning, November 4, 2016
• Speaking Engagement. Estate, Gift, and Trust Tax Updates, A Look at Current Developments, AICPA National Conference, May 26, 2016
• Speaking Engagement. Proper Estate and Financial Planning - the Beneficiaries Perspective, Greater North Shore Estate and Financial Planning Council, November 18, 2015
• Speaking Engagement. Unbundling Fees - The New Normal, FFIEC Asset Management Conference, July 15, 2015
• Speaking Engagement. Washington National Tax Update, The Maryland Society of Financial Service Professionals, January 22, 2015
• Speaking Engagement. Yearend Estate and Gift Tax Updates, Northwest Illinois Estate Planning Counsel, November 18, 2014
• Speaking Engagement. Yearend Trust Income Tax Strategies to Consider, Lake County Estate Planning Counsel, November 13, 2014
• Speaking Engagement. Multigenerational Wealth & Estate Planning for Diamond Collectors, the Global Investment Diamond Summit, July 16, 2014
• Speaking Engagement. Sophisticated Planning Strategies in a Low Interest Rate Environment, Northern Virginia Financial Service Representatives, February 13, 2014
• Speaking Engagement. Yearend Tax Strategies You should Strongly Consider, NW Suburban Estate Planning Counsel, December 4, 2013
• Speaking Engagement. The 3.8% Medicare Tax, S Corporations and Proper Trust Income Tax Planning, November 21, 2013
• Speaking Engagement. Planning for the Licensed Professional, Key Issues to Consider, November 20, 2013
• Speaking Engagement. Business Valuation for Gift and Estate Planning - Ascertaining FMV Standard of Value, November 19, 2013
• Speaking Engagement. International Transfer Tax Planning - a Practical Planning Approach, 39th Annual Notre Dame Tax and Estate Planning Institute, October 18, 2013
• Speaking Engagement. Understanding the New "Permanent" Tax Rules for 2013 and Beyond, Financial Services Professionals Presentation, April 25, 2013
• Speaking Engagement. Year End Estate, Gift, and Retirement Planning Strategies To Consider - It Is Not Too Late!, November 29, 2012
• Speaking Engagement. Year End Planning Strategies for the High Net Worth Individual - An Indiana Approach, November 14, 2012
• Speaking Engagement. Special Business Succession Consideration for Closely-Held Banks, May 24, 2012
• Speaking Engagement. The Obama Estate and Gift Tax Proposal - Its Impact on Charitable Planned Giving Strategies, Provena/Resurection/Fox Valley Foundation Annual Conference, May 8, 2012
• Speaking Engagement. Foreign Transfer Tax Planning - The Proper Protocol To Follow for Multinational Interests, May 3, 2012
• Speaking Engagement. The Obama Estate and Gift Tax Proposal - The Time To Plan Is Now!, March 21, 2012
• Speaking Engagement. The Important Role That Attorneys and Accountants Play in the International Transfer Tax Planning Process, AAA-CPA Society, March 20, 2012
• Speaking Engagement. International Estate Planning - It's a Small World After All, Chicago Estate Planning Council, January 19, 2012
• Speaking Engagement. Estate and Gift Tax Year End Planning - What To Make of the "Super Committee," December 1, 2011
• Speaking Engagement. The World Is a Smaller Place - International Estate and Gift Tax Planning Strategies To Discuss with Your Multinational Client, November 16, 2011
• Speaking Engagement. International Estate and Gift Tax Planning - Strategies To Help You Keep Your Assets for the Benefit of Your Family, Asian Business Expo, August 13, 2011
• Speaking Engagement. Tax Planning and Compliance - The Indispensable Role of the Investment Advisor, Investment Management Consultants Association National
Conference, May 17, 2011
• Speaking Engagement. Practical Application of the New Tax Laws - A Case Study Approach, Provena/Resurrection/Fox Valley Foundation Annual Conference, May 10, 2011
• Speaking Engagement. Networking Primer - Exploring Legal Opportunities Through Nontraditional Service Lines, John Marshall Law School, March 23, 2011
• Speaking Engagement. Life Insurance Compliance and Planning - What Every Tax Planner and Preparer Needs To Know, November 17, 2010
• Speaking Engagement. International Compliance - FBARs, Form 3520s, and Form 3520As, November 17, 2010
• Speaking Engagement. 2010 and Beyond - Time To Pull Out the Crystal Ball, October 14, 2010
• Speaking Engagement. 2010 and Beyond - Sophisticated Planning Strategies in a Low Interest Rate Environment, October 14, 2010
• Speaking Engagement. Roth IRA Conversions - An In-depth Analysis, June 30, 2010
• Speaking Engagement. The Estate Tax Repeal and Charitable Planned Giving - The Time To Plan Is Now!, May 5, 2010
• Speaking Engagement. Tax Legislation: Healthcare, Estate Tax, Extenders, and More, January 28, 2010
• Speaking Engagement. Sophisticated Gift Tax Planning with Grantor Retained Annuity Trusts and S Corporation Shares - What You Need To Be Considering Now!, July 16, 2009
• Speaking Engagement. Charitable Planned Giving with Special Assets, June 4, 2009
• Speaking Engagement. Charitable Planned Giving Strategies in an Uncertain World, June 4, 2009
• Speaking Engagement. 2009 Estate and Gift Tax Planning Strategies, January 20, 2009
• Speaking Engagement. Sophisticated Estate and Gift Tax Planning and Compliance Strategies - Ideas for Tax Partners and Managing Directors, December 4, 2008
• Speaking Engagement. Estate and Gift Tax Planning and Compliance Symposium, December 3, 2008
• Speaking Engagement. Generation Skipping Tax Planning Strategies, October 29, 2008
• Speaking Engagement. Foreign Tax Planning for Individuals, October 27, 2008

Education

  • Loyola University Chicago School of Law, Chicago, Illinois
    • Juris Doctor - 1985
  • Loyola University of Chicago - 1982
    • Major: Accounting

Professional Associations and Memberships

  • Chair, International and Domestic Tax, Trust and Estate Planning Group
  • Chair, Employee Benefits Planning Group
  • American Bar Association (ABA) , Member
  • American Institute of Certified Public Accountants (AICPA), Member
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  • Premier Lawyers Of America

office location

Two Prudential Plaza
180 North Stetson Avenue
Suite 4700
Chicago, Illinois 60601-6710

Phone: 312-471-2900
Fax: 312-471-6001
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