Atty. Tye J. Klooster
Tye Klooster counsels high-net-worth families on how best to preserve their legacies and transfer wealth to future generations. A fellow of the American College of Trusts and Estates Counsel, Tye serves clients who rely on him to design and implement sophisticated and personalized estate plans.
Profile Summary
About Tye J. Klooster at a glance
Tye J. Klooster is a trusts attorney based in Chicago, Illinois, practicing at Katten. Educated at Drake University (J.D., 2004). Recognitions include Best Lawyers in America — Trusts and Estates (2026). Serands clients in Chicago, IL and the surrounding metropolitan area.
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About
- Tye Klooster counsels high-net-worth families on how best to preserve their legacies and transfer wealth to future generations
- A fellow of the American College of Trusts and Estates Counsel, Tye serves clients who rely on him to design and implement sophisticated and personalized estate plans
- Tye designs estate plans which allow high-net-worth individuals to leverage use of their gift, estate and generation-skipping transfer tax (GST) exemptions and to pass wealth to the next generation in a way that is both tax-efficient and creditor-protected
- He implements sales to grantor trusts, grantor retained annuity trusts (GRATs), charitable lead and remainder trusts and business entities designed to achieve his clients' nontax and potentially tax objectives
- Tye advises principals in private equity, venture capital and hedge funds regarding strategies for transferring their fund interests to minimize the impact of estate, gift and GST taxes
- He advises business owners on business succession planning and leverages an array of asset protection techniques
- Tye counsels farmers, business owners and art collectors on strategies for handling illiquid assets, including the use of Graegin loans and qualifying for the benefits of Code Sections 2032A and 6166
- He also represents fiduciaries in the administration of estates and trusts, the formation and operation of private foundations and sophisticated charitable giving techniques
- Tye is actively involved with the American Bar Association's Business Planning Group
- He also is actively involved with the Chicago Bar Association, currently serving on the Trust Law Section's Executive Committee and as a member of the Illinois Uniform Trust Code Task Force
- Tye is an adjunct professor at The John Marshall Law School, teaching a class titled "Wealth Transfer Taxation II."
Practice Areas Explained
Tye J. Klooster's Areas of Practice
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Tye J. Klooster is one of 104,172 trusts attorneys indexed nationally. Browse trusts attorneys in Illinois →
Jurisdictional Context
Why local counsel matters in Illinois
Practicing law in Illinois. Legal matters in Illinois are governed by state-specific rules of civil and criminal procedure, statutes of limitations, and substantive law. Cases originating in Chicago are typically filed in the local municipal court or the appropriate Illinois state district court, depending on subject matter and amount in controversy. An attorney licensed in Illinois brings working knowledge of local procedural deadlines, judicial practices in this andnue, and the substantive law that applies to cases brought here. Out-of-state attorneys generally cannot represent clients in Illinois courts without local counsel or pro hac vice admission.
Looking for additional Illinois attorneys? Browse all attorneys in Chicago or all attorneys in Illinois.
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