Puneet Cham

Mr. Cham is a Partner at Latimer LeVay Fyock LLC, where he concentrates his practice in estate and tax planning, trust and estate administration, probate, guardianships for minors and adults, estate and trust litigation, asset protection planning, business succession planning, and corporate and business transactions.

With a client-centric approach, Mr. Cham assists a wide range of individuals and entities, including owners of small to medium-sized family-owned or closely held businesses, c-suite executives, other professionals, and families with minor or special needs children. His practice is defined by his ability to address complex personal, financial, and business challenges through innovative, tailored strategies.

Mr. Cham is particularly adept at crafting comprehensive estate plans that preserve and transfer wealth efficiently, mitigate tax burdens, and ensure the financial security of future generations. He also provides thoughtful guidance in navigating the intricate processes of probate and trust administration, fostering clarity and resolution during critical life transitions. 

With extensive experience in both planning and litigation, Mr. Cham combines technical expertise with a deep understanding of his clients’ priorities, delivering solutions that protect and advance their interests.

Education

• University of Illinois, J.D., 2000
• James Madison College at Michigan State University, B.S., 1997

Admissions

• Illinois, 2000
• U.S. District Court for the Northern District of Illinois, 2000

Professional Affiliations

• American Bar Association
• Chicago Bar Association
• Illinois State Bar Association

Experience

• Prepares a variety of trusts for high net worth individuals and clients, including revocable living trusts, irrevocable life insurance trusts, asset protection trusts, grantor retained annuity trusts; generation-skipping trusts; intentionally defective grantor trusts, personal irrevocable trusts, qualified personal residence trusts, special needs trusts and qualified domestic trusts.

• Prepares ancillary estate planning documents, including simple and pour-over wills, healthcare and property powers of attorney, assignment of personal items and other estate planning documents.

• Advises small and medium sized business owners on general corporate matters, including businesses in the hospitality, retail, manufacturing and design, real estate investment, tech and professional service industries.

• Prepares corporate documents for small and medium sized business owners related to formation of limited liability companies, s-corporations, and limited partnerships and business succession planning, including buy-sell agreements, asset freeze techniques, transfer or sale of assets to family members or 3rd parties while minimizing income, estate and gift taxes.

• Works with family members in guardianship of minor, adult and special needs children, disabled parents and other individuals families. 

• Litigates estate and trust controversies, including matters representing beneficiaries or fiduciaries in complex estate contests and trust disputes for actions involving the admission or denial of wills in probate, appointment of executors, undue influence, tortious interference with an expectancy, breach of fiduciary duty, self-dealing and payment of fees. 

• Drafts pre-nuptial and post-nuptial agreements.

• Prepares estate tax returns (IRS Form 706) and gift tax returns (IRS Form 709).

• Handles estate and trust administration; including probate administration; initiated a variety of intestate and testate probate matters.

• Represents executors, administrators, heirs and legatees in contested and uncontested trust and estate matters.

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