Sponsored by Alliance Trust Company of Nevada: Panelists will discuss estate planning scenarios for identifying when Illinois families should estate plan in their home state, and when it makes sense to evaluate trust jurisdictions outside of Illinois. Illinois trust law appropriately supports many popular estate planning strategies such as Revocable Living Trusts and Special Needs Trusts. However, depending on the family’s estate planning objectives, it often makes sense to evaluate trust jurisdictions outside of Illinois to take advantage of strategies such as Asset Protection Trusts and Dynasty Trusts. The panelists will close applying the discussed strategies to case studies to illustrate potential outcomes and open the presentation to questions.
Credits: 1 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR
Thursday, November 19th - 12-1pm CST - 1 MCLE
Sponsored by Alliance Trust Company of Nevada
A Look Into Estate Planning In Illinois Versus Out-of-State Trust Jurisdictions
Panelists will discuss estate planning scenarios for identifying when Illinois families should estate plan in their home state, and when it makes sense to evaluate trust jurisdictions outside of Illinois. Illinois trust law appropriately supports many popular estate planning strategies such as Revocable Living Trusts and Special Needs Trusts. However, depending on the family’s estate planning objectives, it often makes sense to evaluate trust jurisdictions outside of Illinois to take advantage of strategies such as Asset Protection Trusts and Dynasty Trusts. The panelists will close applying the discussed strategies to case studies to illustrate potential outcomes and open the presentation to questions.
Jeffrey Glickman, Illinois Attorney, Katten Muchin Rosenman LLP
Jason Morris, Nevada Attorney, Woodburn and Wedge
Gregory Crawford, President, Alliance Trust Company of Nevada
