Richard M. Colombik

Richard M. Colombik

4.6
Rating: 7.5

Licensed for 45 years

Tax Lawyer at Schaumburg, IL
Practice Areas: Tax, Business, Estate Planning

1000 E. Woodfield road, Suite 233, Schaumburg, IL

This lawyer was disciplined by a state licensing authority in 1999
See Details

About Richard

Biography

Practice Areas

3

Practice Areas

Tax 55%

Ranked as one of the nation's top tax lawyers. Has published over 100 articles, chapters in books, appeared on radio, televsion and frequently lectures on taxation and tax issues. Rated by peers as a leading attorney in Taxation as well Business and Estate Planning. Former chairman of the Bar Associations Taxation Committe, Probate Committee as well as serving as the liaision to the National and Regional IRS Commissioner's.

46 years | 14,000 cases

55%
Business 25%

Ranked by Peers as a Leading Lawyer in Business Law. Frequent lecturer and author. Buy Sell Agreements, entity selections, business purchases and sales, fringe benefit planning, Contractual agreements.

46 years | 10,000 cases

25%
Estate Planning 20%

Ranked by Peers as a Leading Attorney in Estate Planning, Taxation and Business Law. Frequent lecturer in Estates and Trusts. Noted author in estate planning and taxation, Probate as well as non probate areas. Living Trusts, onshore as well as offshore planning. Life insurance planning for trusts, as Mr. Colombik is also licensed as a Life Insurance Broker as well as a CPA

46 years | 1,200 cases

20%

Fees and Rates

Cost

Hourly Rates

$ 425-500 per hour

Retainer

Always


Payment Methods

  • Cash
  • Check
  • Credit Card

Looking for an attorney? Avvo can help.

search module image

Search our directory

Quickly connect with top attorneys through our legal directory to get help with your legal issue.

chat module image

Avvo's live chat agents can help coordinate a consultation with a local attorney.

Chat with a live agent who can match you with the right attorney for your legal needs.

Chat with

Licenses

Licensed in Illinois for 45 years

State: Illinois

Acquired: 1980

Active and Authorized to Practice Law

Lawyer disciplined by state licensing authority in 1999

Location

Richard M. Colombik & Associates PC

1000 E. Woodfield road, Suite 233, Schaumburg, IL, 60173

Ad

Transform legal challenges into solutions.

Connect now to review your situation.

The Avvo Rating explained

display-bg

The Avvo Rating explained

Richard M. Colombik's Reviews

Avvo Review Score

4.6 /5.0

9 Client Reviews

Filter Avvo Reviews (9) Refine reviews to match your needs. Use the filters to quickly surface reviews that align with your case or priorities.

Showing 1 - 1 of 1 review | Communication Style

Posted by anonymous | May 16, 2022 | Hired Attorney | Business

Brilliant legal and tax mind

I had a tax planning issue from stock options from my business. I was referred by my attorney to Mr. Colombik as he said, he is the guy. Well I was a bit skeptical as I was concerned about costs and taxes. Well Mr. Colombik showed me how I could plan my income to reduce my overall taxes and time t...he income by differing elections available to me. The practice was very busy especially around tax time, but he always got back to me and was very patient explaining complex concepts. I had to wait for him to return from some speaking engagements, but I guess he gets flown all over the country to speak to professional groups and taxation. Very professional and nice staff too!

See All Client Reviews

Richard M. Colombik's Lawyer Endorsements

Endorse Richard

No Endorsement Data Available Yet
This attorney hasn't received any attorney endorsements recently on Avvo.

No Endorsement Data Available Yet
This attorney hasn't created any attorney endorsements recently on Avvo.

Experience

Rating:  7.5 (Very Good)

Professional misconduct

This lawyer was disciplined by a state licensing authority in 1999.

Suspension issued in IL, 1999

updated on 03/14/2010

Suspension means an attorney lost his or her license to practice law for a specific period of time. The attorney typically returns to practicing law when the suspension expires.

Honors

2002

2002 Finalist Illinois, Ernst & Young

N/A

Governor, Northwest Suburban Bar Association

N/A

Distinguished Service Award,

N/A

TAx Law, Leading Illinois Attorneys

Work Experience

1982 - Present

Senior Partner, Richard M. colombik & Assocaites PC

1980 - 1982

Tax Manager, Deloitte & Touche

1976 - 1978

Tax Accountant for billionaire Family, Henry Crown & Co.

Associations

1990 - 2007

American Association of Attorney-Certified Public Accountants

Liasion to the Washington Office of the IRS

Education

1980

John Marshall Law School, Chicago

JD - Juris Doctor Cum Laude

1977

University of Illinois, Urbana-Champaign

Certified Public Accountant

1975

University of Colorado - Boulder

BS - Bachelor of Science

Speaking Engagements

N/A

Income Tax Updates

Income Tax Updates

N/A

DuPage County Bar Association

Asset Protection Planning

Publications

2004

Illinois State Bar Association Advantageous uses of LLC's

2002

American Bar Association publication Investing in Turbulent Times

2002

Illinois State Bar Association The Last Tax Shelter

N/A

Chicago Life Magazine Asset Protection Planning

N/A

Talking to the Boss Is there a free lunch

N/A

Illinois State Bar Joint Income Tax Return after IRS Substitute Return

N/A

Experience Magazine The Savvy Investor

N/A

American Association of Attorney CPA Assett Protection that Really Works

N/A

Northwest Suburban Bar Association Tax Brief Column

Activity

Avvo Rating

Our Rating is calculated using information the lawyer has included on their profile in addition to the information we collect from state bar associations and other organizations that license legal professionals. Attorneys who claim their profiles and provide Avvo with more information tend to have a higher rating than those who do not.

What determines Avvo Rating?
  • Experience & background Years licensed, work experience, education
  • Legal community recognition Peer endorsements, associations, awards
  • Legal thought leadership Publications, speaking engagements
  • Discipline
    This lawyer was disciplined by a state licensing authority in 1999
    Disciplinary information may not be comprehensive, or updated. We recommend that you always check a lawyer's disciplinary status with their respective state bar association before hiring them.
Avvo Rating Levels
10.0 - 9.0 Superb8.9 - 8.0 Excellent7.9 - 7.0 Very Good6.9 - 6.0 Good5.9 - 5.0 Average4.9 - 4.0 Concern3.9 - 3.0 Caution2.9 - 2.0 Strong Caution1.9 - 1.0 Extreme Caution