Michelle R. Canerday

Michelle R. Canerday is the head of the Private Clients Group in the Chicago office. She advises individuals, family offices, owners of closely-held businesses and private equity fund principals on sophisticated estate, gift and charitable planning matters.

Prior to practicing law, Michelle worked as an account executive for an international bank. Michelle’s finance experience is invaluable when providing advice to clients on trust and estate matters.

What do you focus on?

I pride myself on understanding each client’s individual goals and objectives and implementing innovative strategies and solutions to meet their needs. I work in several key areas of Private Clients matters, including:

Estate Planning and Premarital Planning

I assist clients with all phases of estate planning, including preparing wills, trusts, powers of attorney, insurance trusts, qualified personal residence trusts and dynasty trusts. I also assist clients in identifying tax minimization and asset protection strategies. I pride myself on providing a comprehensive estate plan that preserves and protects wealth in a tax efficient manner for multiple generations. In addition, I work with clients on premarital planning and protecting separate property assets after the marriage.

Estate and Trust Administration

I advise trustees and executors through the entire administration process, including opening probate, preparing and filing estate and gift tax returns, handling day-to-day administration matters and working on related audits.

Trust Litigation

I represent clients in trust and estate litigation matters and have successfully negotiated family settlement agreements and virtual representation agreements. I work closely with litigation counsel to form case strategy and advise on fiduciary duties throughout the process.

What do you see on the horizon?

It is crucial that clients have a comprehensive estate plan that incorporates tax minimization and asset protection strategies in order to protect their wealth for multiple generations.

5 Ways to Hone Retirement Plans Under New Tax Regime

CNBC | February 20, 2018

Chicago private clients group partner Michelle Canerday is quoted in this article discussing how families can take advantage of the temporary increase in the estate-tax exemption.

Career Tracker: Lawyers on the move

Reuters Legal | May 17, 2016

The arrival of Chicago private clients partner Michelle Canerday is highlighted.


Michelle R. Canerday



Phone: 312-977-4385

Fax: 844-854-8988

University of Denver, LL.M., Taxation

University of Denver, J.D., with honors

Saint Louis University, B.B.A., magna cum laude



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