Products tagged with 'mclec2324ep'

Has the post-COVID-19 world widened the generational gap among attorneys? Featuring a range of panelists with a variety of years of experience, this session will explore how different generations interpret the recent changes to the practice of law and what changes may be here to stay.

With a focus on practical solutions and how to avoid common pitfalls, this program explores legal and practical concerns relating to the determination of an Illinois court’s jurisdiction over out-of-state trust property, trustees, and beneficiaries. Topics will include the distinction between, and necessity for, in rem and in personam jurisdiction, relevant statutes and constitutional law. Application of the Illinois Trust Code is also addressed.

Fiduciaries, beneficiaries, and other interested parties often encounter circumstances necessitating a petition to a court of equity to modify or construe a testamentary instrument. This session discusses options under Illinois law to construe or modify irrevocable trusts and wills.

Enhance your ability to serve your family business clients by anticipating and planning for potential succession planning issues in the context of the largest inter-generational transfer of wealth in history and evolving social norms. Gain a more thorough understanding of the issues that arise in planning for the transition of a family business from the senior generation to the next generation in line, particularly when the challenges the next generation is facing may not have been at issue for prior generations.

Learn about fiduciary administration and estate planning considerations related to cryptocurrency including: planning ideas, practical tips and an overview of recent cryptocurrency developments.

When an agent exploits their principal’s trust, legal action may be taken to remedy that breach of faith. Practitioners will learn procedural and substantive strategies to remove bad actors or invalidate powers of attorney within the guardianship forum.