“I’ve counseled business owners for my entire career. I come from a family of entrepreneurs. I understand the passion and drive you put into an enterprise that you build yourself. When you own the business, there’s no such thing as ‘not personal; just business.’ It’s all personal and it’s all business. That’s my clients’ perspective and it’s mine, too. In founding this firm and putting my name on the door, I’m making a personal commitment to the standard of excellence I have for my work. We’re building a new kind of team and a new way of doing business – flexible, creative, results-driven – and it’s delivering tremendous value to our clients. ”
Using his own extensive experience and a close network of proven specialists, Tom Skallas represents privately-held businesses and their owners with trusted advisory services that span a wide range of traditional practice areas, from entity formation to mergers and acquisitions to tax law, wealth management and succession planning.
Tom counsels privately-held businesses from their inception to their final disposition — enabling growth, expansion and change across numerous industries, including: manufacturing, food and beverage, distribution, service, oil and gas, health care and telecommunication. Tom works with his clients on a broad range of issues including sales, complex tax planning, international operations, banking, insurance, contracts, employee relations and asset-protection strategies. He also has significant experience representing privately held businesses through the merger and acquisition process, both in purchases and sales. He also assists owners of privately held businesses in shareholder and corporate governance disputes, drawing upon his significant business and tax experience.
Beyond his role as counsel to their businesses, Tom also advises high-net-worth individuals and business owners in their estate planning goals and succession plans. He develops strategies for estate tax minimization and creates domestic and offshore trust arrangements as part of an overall estate plan. Tom also has significant experience representing trustees and beneficiaries in probate and trust disputes.
Tom serves as a member of the Board of Directors for Republic Bank and is Vice Chairman of the Board at the National Hellenic Museum, an institution he was instrumental in founding.
Memberships and Honors
Tom is a past president and active member of the Hellenic Bar Association (HBA). He is licensed to practice law in Illinois and in Federal Court.
He has been honored with numerous awards for his legal and advocacy work, including:
“40 under 40 attorneys to watch in Illinois,” 2013.