Learn important takeaways for both the drafters and the fiduciaries. For the Drafters - Review common trust provisions impacted by the Illinois Trust Code and trust drafting tips. For the Fiduciaries - Understand what steps fiduciaries (individuals or corporations) should be taking prior to and after the effective date of the Illinois Trust Code as well as the impact of the Code on how fiduciaries administer trusts.
Credits: 1 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR
Adam M. Damerow, Katten Muchin Rosenman LLP, Chicago
Ryan A. Walsh, Hamilton Thies & Lorch LLP, Chicago
Benetta Y. Park, J.P. Morgan, Chicago
Rebecca Wallenfelsz, Chapman and Cutler LLP, Chicago
Originally presented as part of The NEW Illinois Trust Code: A Generation in the Making, available in its entirety as P1916-19U.