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.
Credits: 1 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR
Jessica Birnbaum, Schiff Hardin LLP, Chicago
Joel A. Schoenmeyer, BMO Private Bank, Chicago
Originally presented as part of the 63rd Estate Planning Short Course, available in its entirety as P9004-20U.