Illinois Trust Code and the SECURE Act for Special Needs Trust Attorneys and Trustees

Special needs planning is not just a third-party or a first-party special needs trust. It is not just estate planning. In this session, learn basics of drafting and get suggestions for helpful additional provisions to include in special needs trusts. Understand how to effectively prepare for and conduct the initial consultation. We will also discuss topics you should cover, in addition to estate planning, such as the who, what, why, where and how of accessing the Illinois “maze” of services for individuals with special needs.

The Illinois Trust Code codifies the rules as to creditor’s rights to attach beneficial interests of settlors and beneficiaries. Learn these rules and pick up some drafting tips to protect beneficiaries.

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.