Illinois Supreme Court Assigns Hon. Sanjay Tailor to First District Appellate Court

Posted on September 14, 2022 by Celeste Antoinette Niemann

The Illinois Supreme Court has announced the assignment of Cook County Circuit Judge Sanjay T. Tailor to the First District Appellate Court. Judge Tailor was assigned to fill the vacancy created by the upcoming retirement of Justice Daniel J. Pierce, effective September 30. The appointment is effective October 3, 2022, and will stay in effect until further order of the court. He will become the first Indian American on the Illinois Appellate Court.

Justice Mary Jane Theis Selected as Next Chief Justice of the Illinois Supreme Court

Posted on September 12, 2022 by Celeste Antoinette Niemann

The Illinois Supreme Court announced today that Justice Mary Jane Theis will be its next Chief Justice. Justice Theis was selected by the Court to serve a three-year term commencing October 26, 2022. She succeeds Justice Anne M. Burke whose tenure as Chief Justice began in October of 2019. 

An installation ceremony marking Justice Theis’ selection as Chief Justice will be held at the Supreme Court Building in Springfield during the Court’s November Term.  

Chief Justice Anne M. Burke Announces Retirement From Illinois Supreme Court - Justice Joy V. Cunningham to Fill Vacancy

Posted on September 12, 2022 by Celeste Antoinette Niemann

Chief Justice Anne M. Burke has announced her retirement from the Illinois Supreme Court. Her last day on the bench will be November 30, 2022. Chief Justice Burke has served on the Supreme Court since 2006 and has served as Chief Justice since October 2019. Her term as Chief Justice concludes on October 25, 2022. Read Justice Burke’s full statement on her retirement

Real Estate Law Update 2022

Posted on September 12, 2022 by Celeste Antoinette Niemann

Join us for this full-day seminar that examines recent caselaw updates and legislative changes from the past year. Learn more about Transfer on Death Instruments, easements, and residential new contracts. Listen to a discussion of recent trends in residential real estate and brush up on your ethics requirements.

Navigating Illinois’ New Prejudgment Interest Statute

Posted on September 12, 2022 by Celeste Antoinette Niemann

This year saw one of the most significant pieces of tort reform enacted in Illinois history, writes Michael Adler in his September Illinois Bar Journal article, “Navigating Illinois’ New Prejudgment Interest Statute.” On May 28, 2021, Gov. J.B. Pritzker signed into law a 6 percent prejudgment interest rate on all personal injury and wrongful death cases. Illinois joins 46 other states with some form of prejudgment interest.

You be the Judge: Ratings for Illinois Judicial Candidates

Posted on September 7, 2022 by Celeste Antoinette Niemann

The Illinois State Bar Association's judicial ratings by county for the November 8, 2002 election are available online.

In Cook County, an ISBA Judicial Evaluations committee used the results of a questionnaire, background investigations, and in-person interviews to rate candidates for all judicial offices. Candidates for the Appellate Court outside of Cook County were also evaluated using this method.

Trust and Estate Planning for Family Businesses, Part 2 - A National Perspective

Presented by the ISBA

1.0 hours MCLE credit



Original Program Date: February 22, 2022
Accreditation Expiration Date: ­­­­­­­­­­­­­­­­­­­­­­­­­September 9, 2024 (You must certify completion and save your certificate before this date to get MCLE credit)

Watch Part 1 and Part 2 for a full discussion of the following.

Most successful businesses are owned by one or more families. Because they are family owned, these companies create many special planning challenges. Ownership and control do not shift among non-owner managers or anonymous shareholders. Rather, succession in control or management is a momentous and often highly emotional process for members of the family. Frequently, these transitions are caused by the withdrawal or death of members of the senior family generation. And these transitions, if not carefully planned and delicately handled, can be ruinous, damaging to the family and its company. This program will provide you a real-world framework of trust and estate planning and succession planning for family businesses.

  • Day 2 – February 23, 2022:

    • Life insurance trust planning – or as a compensating asset to certain heirs
    • Structuring private annuities to transfer a business and provide income to founders
    • Self-cancelling installments notes and intentionally defective irrevocable trusts
    • Use of GRATS and “redemptive freezes”
Speakers:

Daniel L. Daniels is a partner in the Greenwich, Connecticut office of Wiggin and Dana, LLP, where his practice focuses on representing business owners, corporate executives and other wealthy individuals and their families. A Fellow of the American College of Trust and Estate Counsel, he is listed in “The Best Lawyers in America,” and has been named by “Worth” magazine as one of the Top 100 Lawyers in the United States representing affluent individuals. Mr. Daniels is co-author of a monthly column in “Trusts and Estates” magazine. Mr. Daniels received his A.B., summa cum laude, from Dartmouth College and received his J.D., with honors, from Harvard Law School.