The 18th Annual Elder Law Short Course is designed for the Illinois elder law attorney who is dedicated to client service and eager to stay on the cutting-edge of legal issues affecting elderly clients and their families.
Get updates on tax planning for the elderly, updates on the Illinois Trust Code and Remote Signature Act, and the annual judges’ panel. In addition, you’ll get the latest on advising your clients about Medicaid (planning and application), preparing for a guardianship trial, divorce in guardianship, and much more!
When older couples divorce, unique issues arrive. This program offers insights into those issues and how to advise your older or empty nest clients on common concerns in the context of divorce, such as double dipping and whether pension benefits in long term marriages are cash flow or an asset (or both).
The new-in-2020 Illinois Trust Code (ITC) was updated in 2021 to provide greater clarity and additional enhancements. Learn the highlights of the ITC as modified by the recent trailer bill and how they impact your practice advising settlors, trustees, and beneficiaries.
You filed the petition, presented the medical report and got the guardian appointed. So, what’s next? The best way to make sure that things go smoothly in court for the duration of the guardianship is to do a good job educating the guardian. If the guardian understands the budgeting process, basic accounting principles and the role of the court, things are likely to go well. If they don’t, you can expect to be over budget and trying to explain how things went wrong to the judge. This presentation will review some common misunderstandings that guardians have about the process and discuss strategies to help the guardian stay on track.
We will review the administration of non-complex estates, including the probate process, trust administration, distribution of assets, tax issues, and advising the individual fiduciary. Attendees will come away with a knowledge of basic estate and trust administration without weeding through the complexities of estate and gift tax planning and returns.