Whether you are fashioning, managing, challenging, or terminating a private or charitable trust, this handbook provides you with all the guidance you need. All the fine points of this practice area are covered, along with significant treatment of topics including the interplay of income taxation and investments in dealing with trusts, the role and liability of the trustee, administration, discretionary distributions, charitable trusts, litigation, obtaining assistance from the court, and other important changes regarding the duty to inform and account following from the enactment of the Illinois Trust Code.
Chapter 1 — Creation of the Trust
Laurence J. Kline and Meika B. Slotsema, Hoogendoorn & Talbot LLP, Chicago
Chapter 2 — Role of the Trustee
Katrina Crafton Fluet, and Victoria Pambianco Ose, McDermott Will & Emery LLP, Chicago,and Eric Huang, Kozusko Harris Duncan LLP,Chicago
Chapter 3 — Liability of the Trustee
Melisa Seyhun and David C. Blickenstaff, ArentFox Schill LLP, Chicago
Chapter 4 — Administration of the Trust: Record Keeping and Allocation of Principal and Income
James A. Casey, and Sophia M. Yanuzzi, Mayer Brown LLP, Chicago
Chapter 5 — Discretionary Distributions
William R. Franzen, ArentFox Schiff LLP, and Jeanette Suarez Hunter, and Elise J. McGee, McDermott Will & Emery LLP, Chicago
Chapter 6 — Investments
Agnieszka Kawecki, and Thomas A. Olson, McDermott Will & Emery LLP, Chicago
Chapter 7 — Income Taxation of Trusts
David A. Berek, Mayer Brown LLP, and Jonathan W. Michael, The Michael Law Group, P.C., Chicago
Chapter 8 — Termination of the Trust
John T. Brooks and Jena L. Levin, Foley & Lardner LLP, Chicago
Chapter 9 — Obtaining Assistance from the Court
Rebecca Wallenfelsz and John C. Luchristt, Chapman and Cutler LLP, Chicago
Chapter 10 — Administration of Charitable Trusts
James A. Casey, Mayer Brown LLP, and Neil T. Kawashima, McDermott Will & Emery LLP, Chicago
Chapter 11 — Trust Contests
John T. Brooks and Jena L. Levin, Foley & Lardner LLP, Chicago
