Products tagged with 'power of appointment'

This popular annual program for Illinois estate planners offers more than 15 hours of advanced estate and trust planning education.

Learn more about how the Tax Cuts & Jobs Act affects estate planning practice. Topics discussed include: estate planning with the increased federal exemption (and possible sunset); changes to make to planning and documents (formulas, basis, use of federal, state and GST exemptions); building in flexibility to maximize basis step up; using powers of appointment to cause inclusion; and gifting.

The Illinois UPAA codifies the common law (and prior gaps in the Illinois common law) on powers of appointment and also provides a number of default rules. Learn what has changed, what has not changed and what is now addressed by the statute. Drafting tips under the Illinois UPAA will also be provided.