What's Happening?
Venable has announced the addition of David Berek as a partner in its private wealth planning practice in Chicago. Berek brings expertise in advising wealthy families, closely held and family-owned businesses, corporate executives, and privately owned family offices on advanced wealth planning and transfer-tax strategies. His experience includes cross-border and international estate planning. Berek is a co-author of the LexisNexis treatise on Illinois estate planning and the author of a CCH publication on federal income taxation of decedents, estates, and trusts. He joins Venable from Mayer Brown.
Why It's Important?
The appointment of David Berek to Venable's Chicago office enhances the firm's capabilities in private wealth planning, a critical area for high-net-worth individuals and families. Berek's expertise in sophisticated tax strategies and international estate planning is particularly valuable as clients navigate complex financial landscapes. His addition strengthens Venable's position in the competitive legal market, potentially attracting more clients seeking advanced wealth management solutions. This move reflects the firm's commitment to expanding its services and expertise in key markets.