This handbook written by David J. Lanciotti, Executive Vice President and General Counsel of the Chicago Title Land Trust Company, covers all aspects of land trust law and administration in Illinois. The author provides guidance on every step of land trusts from the creation of the trust through its termination with other chapter detailing amendments to the land trust agreement, directions to the trustees, litigation involving the trust, transfers of the beneficial interest upon death, and mergers and acquisitions of land trust portfolios. The author provides clear best-practice advice, step-by-step procedures, and relevant forms to assist you in your practice, including a trust agreement, land trust intake form, affidavit in support of a motion to dismiss the trustee, lawsuit authorization letter, and notice of successor land trustee.
David J. Lanciotti, Chicago Title Land Trust Company, Chicago
Chapter 1 — Nature and Development of the Illinois Land Trust
Chapter 2 — Land Trust Uses and Purposes
Chapter 3 — Creation of the Land Trust
Chapter 4 — Amendments of the Land Trust Agreement
Chapter 5 — Absolute Assignments of the Beneficial Interest
Chapter 6 — The Beneficial Interest as Collateral
Chapter 7 — Transfers of the Beneficial Interest upon Death
Chapter 8 — Land Trust Transactions
Chapter 9 — Directions to the Trustee
Chapter 10 — Litigation Involving the Land Trust
Chapter 11 — Exonerations and Exculpations
Chapter 12 — Termination of the Land Trust
Chapter 13 — Mergers and Acquisitions of Land Trust Portfolios
