Walter M. McGrailcpa

Walt directs the tax planning and reporting practice for Prosperity’s Bloomfield Hills, MI office. Throughout his 40-year career, Walt has developed, implemented, and reported a variety of tax efficient strategies for family-owned and publicly held LLCs, partnerships, and corporations, as well as high-net-worth individuals and their estates. Walt is a member of the State Bar of Michigan and the Michigan Association of Certified Public Accountants.

Walt began his career with the Detroit office of Arthur Andersen and moved to Cendrowski Corporate Advisors where he practiced for four decades until joining Prosperity.

While working at Arthur Andersen, Walt completed his juris doctorate degree from the School of Law at the University of Detroit Mercy. Walt met his spouse of 40 years Susan while obtaining his bachelor’s in business administration from the University of Michigan – Dearborn School of Business.

Along with his spouse Susan, he has raised four children and welcomed five grandchildren into the family.

Walt has spent several years on the pitch as a parent and coach for both recreational and select youth soccer programs.

EXPERTISE: Succession planning including UPREIT and ESOP structures; Choice of Entity considerations with an emphasis in planning, structuring, and reporting for partnerships; and practice in the Real Estate space including, development, residential, multifamily, office, commercial, and hospitality uses.

• Favorite Thing about my Job: People. Regardless of our specific role or function, we are ALL in the communication business.
• Best prepared dish:  I get requests to prepare one of three dishes for get togethers, either: lobster tails, rack of lamb, or bone-in prime rib, but my favorite is a brunch / breakfast BELT sandwich.
• Gig / passion project / hobby: In addition to youth soccer, I enjoy camping and homebrewing. Susan and I have included our entire family in camping adventures from infancy to adulthood. The highlight of homebrewing had to be constructing my first “keezer” to serve our Creamsicle lager and Brown ale at my oldest son’s wedding reception.
• Favorite Concert: Definitely “Old School,” Santana, Lynard Skynyrd, and Peter Frampton at Rynearson Stadium in the day. I met my future spouse at the concert although as we laughed about it a couple of years later, it was more of a confrontation.