- You must be a paid subscriber to access the downloads
-
Chapter 1 — Why Is Asset Protection Planning Important?
-
Chapter 2 — Practical and Ethical Considerations
-
Chapter 3 — Fraudulent Transfers
-
Chapter 4 — Bankruptcy Issues Under the Bankruptcy Abuse Prevention and Consumer Protection Act
-
Chapter 5 — Protecting Family Assets
-
Chapter 6 — Drafting Considerations for Trusts
- I. [6.1] Introduction
- II. [6.2] Spendthrift Clauses
-
III. Discretionary Distributions
- [6.3] Discretionary Trusts vs. Support Trusts
- [6.4] “One Pot” Trusts vs. Single Beneficiary Trusts
- [6.5] Distributions of Income and Principal — Sample Provisions
- [6.6] Rights of Withdrawal vs. Mandatory Distributions
- [6.7] Facility of Payment Clause
- [6.8] Avoiding Traps for the Unwary
- [6.9] Supplemental Needs Trusts/Trusts for Disabled Beneficiaries
-
IV. [6.10] Perpetuities Provisions
-
V. Powers of Appointment
- VI. [6.19] Investment Advisor/Committee Provisions
-
VII. Governing Law Clauses
-
VIII. Trustee Succession Considerations
- IX. [6.25] Exclusion of Spouse
-
X. Trustee Powers
- XI. [6.30] Trust Protectors
-
Chapter 7 — Planning for Exempt Assets
-
Chapter 8 — Protecting Business Assets
-
Chapter 9 — Asset Protection During Estate and Trust Administration
-
Chapter 10 — Onshore Trusts
- List of Forms
- Index
-
Mark D. Anderson
Mark D. Anderson
Mark D. Anderson is a Partner in Coman & Anderson, P.C., in Lisle, where he concentrates his practice in federal taxation, estate planning, and corporate law. He is a member of the Chicago Bar Association, having served as Chair of the Federal Taxation Committee in 1998 – 1999, and the American Bar Association, serving as a member of the Section of Taxation. Mr. Anderson received his B.A. from Illinois State University, his J.D. from Loyola University Chicago School of Law, and his LL.M. in taxation from Georgetown University Law Center
-
Lucy D. Bickford
Lucy D. Bickford
Lucy D. Bickford is a member of the Private Clients, Trusts, and Estates Group at Schiff Hardin LLP in Chicago. She counsels clients on lifetime gift and estate planning, estate administration and contested trust and estate matters, and charitable planning. Ms. Bickford received her B.A. from Duke University and her J.D. from Northwestern University School of Law. She serves on the Board of Directors of HealthConnect One and is a member of the Chicago Community Trust Young Professional Advisory Committee. Additionally, Ms. Bickford is a member of the American and Chicago Bar Association.
-
Steven M. Bonneau
Steven M. Bonneau
No bio available.
-
Kathleen Eggers Buchar
Kathleen Eggers Buchar
Kathleen Eggers Buchar is Senior Vice President and Senior Legal Counsel at The Northern Trust Company’s Chicago office, where she advises Northern Trust’s wealth advisory partners on issues concerning trusts and estates. She was previously a Partner with Seyfarth Shaw LLP. She has spoken on estate planning and tax topics at such venues as IICLE® and the Chicago Bar Association. She received her B.S. magna cum laude from Truman State University and her J.D. cum laude from the University of Michigan Law School.
-
Jonathan Friedland
Jonathan Friedland
No bio available.
-
Theodore E. Froum
Theodore E. Froum
Theodore E. Froum currently practices with Froum & Garlovsky, LLC, which is based in Chicago and Evanston. Mr. Froum concentrates his practice in estate and tax planning, as well as probate estate, guardianship, and trust administration. He received his B.A. from Brandeis University, his J.D. from the Benjamin N. Cardozo School of Law at Yeshiva University, and his LL.M. in tax law from New York University. He is licensed to practice law in Illinois, Florida, and Michigan. Mr. Froum is a frequent speaker and has presented at IICLE® continuing legal education programs, the Chicago Bar Association, an American Immigration Lawyers Association conference, and other professional and educational venues. His topics have included estate and tax planning for individuals with ties to several countries, asset protection, the U.S. estate and gift tax system, and basic estate planning.
-
Kaitlyn N. Jakubowski
Kaitlyn N. Jakubowski
Kaitlyn N. Jakubowski is an associate in the Chicago office of Barnes & Thornburg LLP and a member of the firm’s Healthcare Department, Labor & Employment Law Department, and BT VentureTech Group. She is an Advisory Board Member of the Children’s Hospital of the University of Illinois and a Leadership Advisory Board Member of Cristo Rey Jesuit High School. Ms. Jakubowski earned her B.A. from Northwestern University and her J.D. from the University of Notre Dame Law School, where she received the BNA and ABA Award for Excellence in the Study of Labor and Employment Law and served as Executive Articles Editor for the Journal of Legislation.
-
Kim Kamin
Kim Kamin
Kim Kamin is a Principal and Chief Wealth Strategist at Gresham Partners, LLC, in Chicago, where she leads the development and implementation of estate, wealth transfer, philanthropic, educational and fiduciary planning activities, and advises clients. Ms. Kamin is a Fellow with the American College of Trust and Estate Counsel and an adjunct professor at the Northwestern University Pritzker School of Law, where she has been awarded the William M. Trumbull Lectureship. She is on the Editorial Advisory Board of Trusts and Estates Magazine and an officer on the Board of Directors for the Chicago Estate Planning Council. Ms. Kamin received her J.D. from the University of Chicago Law School and her B.A. with distinction and departmental honors from Stanford University.
-
James M. Lestikow
James M. Lestikow
James M. Lestikow is a Partner with Hinshaw & Culbertson LLP, in Springfield, where he concentrates his practice in estate planning, business transactions, and commercial real estate. Mr. Lestikow is a Fellow of the American College of Trust and Estate Counsel and has served on its Asset Protection Committee. He serves on the Advisory Board and as a member of the Leading Lawyers Network in the areas of Trusts, Wills, and Estate Planning and Small, Closely, and Privately Held Business Law; is a member of Super Lawyers in the area of Estate Planning/Trusts; and is listed in BEST LAWYERS in the area of Trusts and Estates. In addition, he has been designated “Lawyer of the Year” (2014, 2017) in the greater Springfield area by that publication. He has served as Chair of the Illinois State Bar Association Estate Planning, Probate, and Trust Law Section Council (now the Trusts and Estates Section Council) and is a current Council member. He has also served as Chair of the ISBA Business Advice and Financial Planning Section Council and as President of the Sangamon Valley Estate Planning Council. Mr. Lestikow is the Secretary and a member of the Board of Directors of IICLE®. He was the 2014 – 2015 President of the Illinois Bar Foundation. He is also a member of the American, Illinois State, and Sangamon County Bar Associations and the standing Advisory Committee to IICLE® for estate planning programming and publications. Mr. Lestikow has written and spoken on several occasions for the IICLE® Estate Planning Short Course and other IICLE® programs and is the General Editor of ESTATE PLANNING FOR ILLINOIS LAWYERS – THE BASICS AND BEYOND (IICLE® 2012). He received his B.S. from Northern Illinois University and his J.D. from the University of Illinois.
-
Janet Rae Montgomery
Janet Rae Montgomery
Janet Rae Montgomery is a Partner/Member at Daluga Boland & Montgomery LLC in Chicago, where she focuses her practice on estate planning and administration. She is a Fellow of the American College of Trust and Estate Counsel and an adjunct professor in the Northwestern LLM Tax Program. Ms. Montgomery received her B.A. magna cum laude, Phi Beta Kappa, from the University of Southern California and her J.D. from Stanford Law School.
-
James E. Morgan
James E. Morgan
James E. Morgan is an attorney with Howard & Howard, in Chicago, where he focuses on creditors’ rights, helping clients navigate all legal issues raised by financially distressed companies. Mr. Morgan is a member of the Chicago Bar Association, the American Bankruptcy Institute, and the Turnaround Management Association. He served for many years as an Associate Editor of Litigation News (an ABA Section of Litigation publication). While in law school, he served as Assistant Editor of the Indiana Law Journal. Mr. Morgan was also an adjunct instructor of appellate advocacy at Ohio State University College of Law. Mr. Morgan received his B.S. with high distinction and departmental honors from Indiana University and his J.D. cum laude from Indiana University School of Law-Bloomington.
-
Robert Alan Romanoff
Robert Alan Romanoff
No bio available.
-
Ronald Schreiber
Ronald Schreiber
Ronald Schreiber is a Partner in the Chicago office of Seyfarth Shaw LLP and concentrates his practice in all aspects of estate planning and estate and trust administration. Mr. Schreiber also has extensive experience with business succession planning, planning for disability, charitable planning, generation-skipping tax planning, prenuptial agreements, and guardianships for minors and disabled adults. He is a member of the Chicago Estate Planning Council and the Chicago and New York State Bar Associations. Mr. Schreiber received his B.A. magna cum laude from Queens College of the City University of New York and his J.D. from the University of Chicago Law School.
Asset Protection Planning (ARCHIVED 2012 EDITION)
An IICLE® Online Library subscription is required to view this content. For more information or to subscribe, click here.
