Allison & Mosby-Scott is pleased to announce that Michael T. Scott was sworn into the Vermont Bar on August 9th. We hope being licensed to practice law in the State of Vermont will allow us to better serve our captive insurance company clients, especially those with Vermont captive insurance operations. If you are interested in learning more about Allison & Mosby-Scott’s captive insurance company practice, please visit our web-site at www.allisonmosby-scott.com or call us at 309-662-5084.
Allison & Mosby-Scott is pleased to announce that Angela K. Skinner has been awarded membership in The National Advocates Top 40 Under 40.
The National Advocates: Top 40 under 40 is a professional organization comprised of America’s top young attorneys who take pride in guiding individuals and families that need an advocate on their side in the American legal system. Membership into The National Advocates: Top 40 under 40 is by invitation only, and is extended exclusively to those individuals under the age of 40 who meet stringent qualifications and specialize in the legal practice of Matrimonial and Family Law, Bankruptcy Law, Immigration Law, Social Security Disability Law, Employment Law and Wills, Trusts and Estates Law. Membership is extended solely to the select few of the most qualified attorneys from each state or region who demonstrate superior qualifications of leadership, reputation, influence, stature and public profile measured by objective and uniformly applied standards in compliance with state bar and national Rule 4-7.
To find out more about Angela’s practice, please visit our website or call us at 309-662-5084.
Going through a divorce can be a difficult and stressful time. To make matters worse, a divorce can have significant tax implications to the parties. The attorneys at Allison & Mosby-Scott can help clients navigate the complexity of a divorce, including the tax issues that arise out of a divorce. To help clients understand some of the tax issues that arise out of a divorce, we’ve published this Tax Issues in Divorce guide. To find out more, please visit our web-site or call us at 309-662-5084.
Allison & Mosby-Scott is pleased to announce that The Captive Insurance Deskbook is now available for pre-order through the American Bar Association and will be available for delivery on April 1, 2018. Our very own Michael T. Scott is the author of the chapter on the role of corporate counsel in the operations of captive insurance companies. The Captive Insurance Deskbook is available on the ABA’s website.
Allison & Mosby-Scott is pleased to announce that Michael T. Scott has been nominated and accepted into membership into the Lawyers of Distinction.
FOR IMMEDIATE RELEASE
March 9, 2018
The Lawyers of Distinction is pleased to announce that Michael T. Scott of Allison & Mosby-Scott in Bloomington, Illinois, has been certified as a member. The Lawyers of Distinction is recognized as the fastest growing community of distinguished lawyers in the United States. Lawyers of Distinction shall not offer membership to more than 10% of attorneys in any given state. Members are accepted based upon objective evaluation of an attorney’s qualifications, license, reputation, experience, and disciplinary history. Please see www.lawyersofdistinction.com for further details concerning membership qualification.
To find out more about Michael’s practice, please visit the Allison & Mosby-Scott website.
We have received many questions from clients regarding the treatment of pass-through entities (partnerships, LLCs, S corporations and sole proprietorships) under the Tax Cuts and Jobs Act (TCJA). To help clients understand the new deduction for pass-through entities, we have put together this article. If you have any questions regarding the treatment of pass-through entities under the TCJA or need assistance in forming, dissolving or administering a pass-through entity, the attorneys at Allison & Mosby-Scott can help. Please call us at 309-662-5084 or visit our website at www.allisonmosby-scott.com.
Matthew R. Majernik Has Been Nominated and Accepted as Two Years AIOFLA’S 10 Best in Illinois For Client Satisfaction
The American Institute of Family Law Attorneys has recognized the exceptional performance of Illinois’s Family Law Attorney Matthew R. Majernik as Two Years 10 Best Family Law Attorney for Client Satisfaction.
The American Institute of Family Law Attorneys is a third-party attorney rating organization that publishes an annual list of the Top 10 Family Law Attorneys in each state. Attorneys who are selected to the “10 Best” list must pass AIOFLA’s rigorous selection process, which is based on client and/or peer nominations, thorough research and AIOFLA’s independent evaluation. AIOFLA’s annual list was created to be used as a resource for clients during the attorney selection process.
One of the most significant aspects of the selection process involves attorneys’ relationships and reputation among his or her clients. As clients should be an attorney’s top priority, AIOFLA places the utmost emphasis on selecting lawyers who have achieved significant success in the field of Family Law without sacrificing the service and support they provide. Selection criteria therefore focus on attorneys who demonstrate the highest standards of Client Satisfaction.
We congratulate Matthew R. Majernik on this achievement and we are honored to have him as a Two Years AIOFLA Member.
You can contact Matthew R. Majernik directly at: 309-662-5084 or www.allisonmosby-scott.com.
Avrahami v. Commissioner was a significant captive tax law case handed down last August. While the case involved a small 831(b) captive, there are lessons to be learned from the decision for large captives as well, including that the captive must be run in a manner that meets commonly accepted notions of insurance with regards to claims handling. The attorneys at Allison & Mosby-Scott can help analyze captive structures and provide advice around captive best practices, including helping clients understanding the significance of the Avrahami decision for large captives.
Allison & Mosby-Scott is pleased to announce that Derek J. Luster has joined the firm as an attorney at law. Derrek will concentrate his practice in business and commercial law, as well as providing risk management consulting for the firm’s risk management consulting practice, Allison & Mosby-Scott Risk Management.
Public Act 100-0388, entitled “An Act Concerning Domestic Violence,” which took effect January 1, 2018, allows survivors of domestic violence to petition the court as part of an order of protection to keep their current cellphone numbers without the approval of the primary account holder. They can also ask the court to have their children’s numbers transferred as well. Of course, those petitioning would become financially responsible for the numbers transferred to them. The act amends Section 5 of the Code of Criminal Procedure of 1963 by adding Section 112A-14(b)(18) and amends Section 10 of the Illinois Domestic Violence Act of 1986 by adding Section 214(b)(18). If you are in need of an order of protection or need to defend against an order of protection, the attorneys at Allison & Mosby-Scott can help. Please visit our website or call us at 309-662-5084.
On August 18, 2017, Governor Rauner signed into law Public Act 100-0205 which became the Illinois Collaborative Process Act. The Act took effect on January 1, 2018 and legislatively authorizes the collaborative divorce practice in Illinois. The Act is codified at 750 ILCS 90.
Collaborative divorce is a legal process which allows couples who want to end their marriage to work with lawyers, but to avoid the uncertainty and costs of litigation. Advocates of collaborative divorce argue that the process allows parties to achieve settlement that better meets the specific needs of both parties and, if applicable, their children.
The process is voluntary and no court can order parties to enter the collaborative process. The process starts when the parties sign an agreement to enter into the collaborative process. The lawyers who participate in the process are precluded from representing either party in litigation on the same matter.
The collaborative process can be used to facilitate a broad range of family law issues, including divorce, allocation of parenting time and responsibilities, support and pre- and post-nuptial agreements. If you are interested in the collaborative process, the attorneys at Allison & Mosby-Scott can help. Please visit our website or call us at 309-662-5084.
A postnuptial agreement is a legal contract between spouses who intend to stay together that spells out what happens if their marriage ends. There are many different reasons that couples may want to consider entering into a post-nup. If you are thinking about entering into a post-nuptial agreement, wanting to challenge a post-nuptial agreement, or need to defend a post-nuptial agreement, the attorneys at Allison & Mosby-Scott can help. Please call us at 309-662-5084. Also, please see this article on our website to learn more about postnuptial agreements.