Home > People > Georgia Loukas Demeros

Georgia Loukas Demeros

Partner

Chicago
312 580 2303 312 580 2303 direct
312 782 3803 fax


Georgia serves as an estate planning advisor and personal general counsel to closely-held businesses, business leaders and other individuals.

She draws on her unique background as a CPA to give businesses and individuals a holistic assessment of their assets, tax liabilities, estate planning and general corporate legal needs.

Closely held businesses have distinct estate planning needs, and Georgia regularly works with business owners to meet their estate planning and business objectives by reviewing and drafting operating and shareholder agreements, advising on insurance planning to fund owner buyouts, assisting in trust funding and advising in the structuring of the business.

Georgia advises multi-generational families on wealth transfer issues, such as estate planning, lifetime gifts and business succession planning and has led significant tax work and corporate restructuring for family-owned businesses across the Midwest.

She also handles the administration of decedents' estates, and represents families in court proceedings to open probate estates, post-mortem estate tax planning, preparation and filing of estate tax returns and all other probate matters.

Named as one of Crain's Chicago Business 2020 Notable Women in Law, "Top Forty Lawyers Under 40 to Watch" in 2010 (by Law Bulletin Publishing Company) and recognized in Super Lawyers 2014-2021 (by Thomson Reuters) and named a "Five Star Professional" in 2014 for estate planning (by Chicago magazine), Georgia works diligently to assist clients in understanding each step of the estate planning process.  She doesn't just draft estate documents; she closely studies corporate structures, takes inventory of all assets and uses that information to create a comprehensive and tax-efficient estate plan for clients.

Thompson Coburn Publications

Strategies for buy-sell agreements using insurance

Life insurance planning for the business owner

TCLEs

Life Insurance to Fund Buyouts or Loss of a Key Person

Publications

"Buy-Sell Agreements: Strategies for Buy-Sell Agreements Using Insurance,"
Thomson Reuters Estate Planning Journal, September 2019

"Deducting Administration Expenses at the First Death: Form 706 vs. Form 1041 (Not as Simple as You Think),"
Trusts & Estates - Illinois State Bar Association Newsletter, 2008

Featured Author, “Why Do Estate Planning Now?,"
Corporate Creations® Newsletter, July 2003

Co-Author, Estate Planning Newsletter, FagelHaber LLC,
2002-2007

"Illinois Durable Power of Attorney -- Do You Need One?,"
Newsletter

"Could the Terri Schiavo Situation Happen to You?,"
Newsletter

"Reap the Benefit of Your Estate Plan,"
Newsletter

"New Tax Law Changes May Affect You,"
Newsletter

"Year-End Tax Planning,"
Newsletter

"Illinois Says Goodbye to the Feds,"
Newsletter

"Family Limited Partnerships,"
Newsletter

"Will Your Closely Held Business Survive For Future Generations?,"
Newsletter

"Key Components Of An Estate Plan,"
Newsletter

"Top Ten Reasons Why You Need An Estate Plan Even If Taxes Are Not An Issue,"
Newsletter

Presentations

Estate Planning in a Low Interest Rate Environment,
Fox Valley Estate Planning Council, March 2021

SECURE Act: Rules and Planning Ideas CEPC Members Need to Know,
Chicago Estate Planning Council Webinar, February 2020