Estates & Trusts

Learn how to address a variety of common drafting issues encountered by practitioners on a daily basis, and receive drafting tips to achieve clients’ desired results.

The 63rd Annual Estate Planning Short Course offers more than 18 hours of advanced instruction on Illinois estate planning law through carefully crafted sessions led by experienced estate planning attorneys.

Learn how the Illinois estate tax is really calculated and how prior gifts impact the calculation. You’ll also learn what is and is not deemed to be personal property in the estate of a non-resident decedent, and many other non-intuitive nuances regarding Illinois estate tax law.

A family and matrimonial law litigator provides insight into how judges view trusts and an experienced trust and estate planner and litigator offers best practices in drafting and in the administration of trusts in the context of divorce. Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.

Review common situations that give rise to liability and understand how trustees can protect themselves and avoid missteps. Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.

Gain best practice tips for overall trust design and also an overview of important trust provisions and the pitfalls you may encounter in drafting them. Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.

Understand the impact of recent developments in income tax matters on estate planning and administration. Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.

Be prepared to protect privilege and avoid other ethics issues in the midst of an increasingly AI-impacted world by reviewing recent cases and other factors.

Strategies to modify an irrevocable trust and the pros and cons of each strategy. Topics include invoking trust protector’s powers, decanting, and both judicial and non-judicial reformations. Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.

Get up-to-date on new cases, Illinois legislation, and trends specifically applicable to estate planning, estate taxation, trusts, and more. Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.

Get an overview of important changes made by the new Illinois Trust Code and tips and tools for learning and working with this new law. Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.

A comparison of the various scenarios in which a trust can be decanted under the Illinois Trust Code and a discussion of the step-by-step processes needed for a valid decanting in each scenario.