Michael Passananti serves as advisor and counselor to entrepreneurs/business owners, wealthy families, professional athletes, executives, and closely-held businesses. Michael’s comprehensive planning roles includes trusts and estate planning, family wealth transfer planning, business succession planning, asset protection planning, charitable giving, and corporate/business structuring. In addition, Michael’s corporate practice entails protecting the diverse business interests of his clients. Michael pays a high level of attention to his clients so that their respective planning goals are achieved, their wealth is protected, and their wealth passes in the most tax efficient manner.
Michael earned a Bachelor of Arts in Business Administration with a concentration in Finance and Management from Augustana College, where he graduated Summa Cum Laude and was selected as the top business student in his class. While at Augustana College, Mr. Passananti served as the Captain of the Men’s Basketball Team. He attained his Juris Doctorate from DePaul University College of Law in Chicago, Illinois.
In December 2006, Michael’s article, “Domestic Asset Protection Trusts: The Risks and Roadblocks Which May Hinder Their Effectiveness,” was published in the American College of Trust and Estate (“ACTEC”) Journal. Recently, Michael has been quoted in Financial Planning Magazine, U.S. News and World Report, and other recognized publications. Michael’s recent speaking engagements/presentations include:
In addition to frequently speaking and writing in his areas of practice, Mr. Passananti is the past co-chair of the YLS Estate Planning Committee of the Chicago Bar Association. Michael has also served as the President of the Junior Board of Directors of the J. Kyle Braid Leadership Foundation and on the Junior Board of Directors for the Mercy Homes For Boys & Girls. Michael was recently recognized as a Rising Star by Super Lawyer.