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Hugh F. Drake 
Springfield, Illinois
Partner
phone 217-280-4271
888-763-9594
fax 217-241-1333
email Email Me

Hugh Drake practices in the areas of estate and business planning. He represents clients in wealth transfer and estate administration matters.

Hugh is experienced in designing and implementing sophisticated and personalized estate plans. Hugh can develop estate plans which leverage the use of gift, estate and generation-skipping transfer tax exemptions, to pass wealth to the next generation in a manner which is both tax efficient and creditor protected. He regularly advises clients with illiquid estates, such as business owners and farmers, to achieve their tax and non-tax objectives, such as succession planning. Hugh also represents fiduciaries in the administration of estates and trusts, the formation and operation of public charities, private foundations and sophisticated charitable giving techniques.

He graduated from the University of Illinois (B.A. 1992), Southern Illinois University (M.A. 1994), and the University of Illinois College of Law (J.D., cum laude, 1999). Mr. Drake is a Fellow of the American College of Trust and Estate Counsel. He serves on the Section Council for American Bar Association Real Property, Trust and Estate Law Section and on the Illinois State Bar Association Business and Financial Planning Section Council. He is a frequent lecturer both nationally and locally, has published numerous articles on tax and estate planning in such publications as Trusts and Estates, Practical Tax Lawyer and Probate & Property, as well as being quoted in the Wall Street Journal.

Practice Areas:

Estate Planning, Probate and Trust; Real Estate Law; Business Organizations; Business Planning

Bar Admissions:

Illinois, 1999
U.S. District Court Central District of Illinois, 2000
U.S. District Court Southern District of Illinois, 2000
U.S. Court of Appeals 7th Circuit, 2000

Educational Background:

University of Illinois College of Law, Champaign, Illinois, 1999 J.D. Honors: Cum Laude
Southern Illinois University, Carbondale, Illinois, 1995 M.A. Major: Anthropology
University of Illinois, Champaign, Illinois, 1992 B.A.

Professional Associations and Memberships:

Fellow of American College of Trust and Estate Counsel
American Bar Association Real Property, Trusts and Estate Section Leadership Council
Fellow of the American Bar Foundation
Illinois State Bar Association Business Advice and Financial Planning Council
Sangamon Valley Estate Planning Council

Publications/Seminars Taught:

“Holding Business Interests in Estates and Trusts”, IICLE Estate Planning Short Course, May, 2014, and 59th Annual Estate Planning Conference of Washington State Bar Association, October, 2014.
“Business Structure Choice and Non-Tax Estate Planning Considerations” Estate Planning for Farmers and Ranchers, NBI, Springfield, IL, November, 2013
“Succession Planning” Construction Industries Conference, Illinois CPA Foundation, Oakbrook Terrace, IL, October, 2013
“Trust But Verify: Tax Consequences for Holding Business Interests in Trust”, Palm Beach Tax Institute, West Palm Beach, FL, October, 2013
“S Corporation Planning Including Use of QSST’s Versus ESTB’s”, ABA-RPTE Skills Training for Estate Planners (Advanced Topic Course), New York, NY, July, 2012-2015
“Selecting and Working with Appraisers”, ABA-RPTE Skills Training for Estate Planners, New York, NY, July, 2012-2015
“Practical Issues in Planning for the Family Business”, Heckerling Institute on Estate Planning, Orlando, FL, January, 2013

Litigation Percentage:
30% of Practice Devoted to Litigation

Springfield Office •
205 S. 5th Street
Suite 700
Springfield, IL 62701
Toll Free: 888.763.9594
Phone: 217.280.4271
Fax: 217.544.9609

Chicago Office •
20 S. Clark Street
Suite 3000
Chicago, IL 60603
Toll Free: 888.763.9594
Phone: 217.280.4271
Fax: 217.544.9609

Representative Clients

Brown, Hay & Stephens, LLP, provides legal counsel and representation for businesses, government entities, and individuals in Springfield, Illinois, and downstate Illinois communities such as Decatur, Mt. Vernon, Peoria, Rockford, Champaign, Bloomington, Quincy, Effingham, Urbana, Danville, Galesburg, Kankakee, Carbondale, and Carlinville, Illinois.

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