Trusted Legal Representation Since 1947
 

Business and Estate Law
in Springfield, IL

 
 

BUSINESS AND CORPORATE LAW


We provide a wide variety of services to our business and corporate clients from the formation of the business through its maintenance and to its dissolution. We assist clients in formation and business planning in deciding whether they want to operate as a closely-held business, limited liability company, partnership or corporation. We advise our clients regarding directors' and officer's liability, dissolution, franchising, reorganization, trade association membership and activity, joint ventures, mergers, acquisitions, divestitures, financing, business successions, employee relations policies, members' rights, shareholders' agreements and shareholders' rights.

We are experienced in preparing agreements, including the sale and purchase of businesses, assisting with financing and funding for business operations, and negotiating real estate and other contracts.

 
Turn to us for:

 
  • Business Organization & Formation
  • Corporate and Commercial Law
  • Tax Matters
  • Business Mergers, Sales and Succession
 
  • Employment Law
  • Bankruptcy
  • Real Estate
  • Trademark Registration
 
 
BANKRUPTCY

Our attorneys represent both debtors and creditors primarily in Chapters 7, 11 and 13 bankruptcy proceedings. We assist our clients in filing bankruptcy and with liquidation, wage earner plans and reorganization cases. We assist both individual and commercial creditors in determining their rights in a bankruptcy procedure and in their efforts to preserve, protect and/or retrieve their collateral.
 
TAX MATTERS

We represent individual and commercial clients in matters with tax implications, identifying state and federal tax issues and structuring transactions in such a way as to minimize taxes, including estate and gift taxes. We represent clients before state and federal tax authorities and before the United States Tax Court.
 
 
 

ESTATE PLANNING/PROBATE AND TRUST ADMINISTRATION


Clients can control the allocation of accumulated assets both before and after death through careful planning for the distribution of property to family members. We advise clients regarding the complex network of laws governing gifts, estates and trusts and assist our clients with the creation of simple and complex estate plans. For clients interested in maintaining management and control of their estates, while at the same time avoiding probate, protecting family members, ensuring financial privacy and obtaining peace of mind, we offer estate plans including revocable trusts, powers of attorney for health care directives, powers of attorney for property management, and children's trusts. We are also experienced in establishing irrevocable and charitable trusts and assist clients in developing and implementing business succession plans.

Our attorneys also assist clients and their fiduciaries in implementing the estate plans of our clients. Our firm handles all aspects of estate and trust administration, including both probate (court) and non-probate (non-court) proceedings and will contests. We assist the personal representative of the estate or trust in gathering, valuing, accounting for and distributing the assets of the estate or trust. We further assist the personal representative in the preparation of federal and state estate and gift tax returns and fiduciary tax returns.

We also advise clients in elder law matters, including Medicaid planning, guardianship proceedings and nursing home rights matters.
 
Turn to us for:

 
  • Simple and Complex Wills and Trusts
  • Establishment of Revocable, Irrevocable and Charitable Trusts
  • Business Succession
  • Estate and Trust Administration
  • Probate Matters
 
  • Elder Law
  • Medicaid Planning
  • Guardianship proceedings
  • Estate and Gift Tax Issues
 
 
Our attorneys assists clients in preparing and filing Medicaid applications, and are experienced in representing clients in proceedings before the Illinois Department of Human Services, including appeals of denials of Medicaid assistance and applications for hardship waivers.
 
 
Let us help you resolve your issues with our expertise in elder law. Call Scott & Scott, P.C. in Springfield, IL, today at 217-753-8200.