Proper Care and Feeding of an Estate Plan: How to Prepare Better For Post-Death Administration of Estates and Trusts Long Before The Client Actually Dies

Drafting estate planning instruments for clients whose definition of family is one that is fluid and inclusive is more important than ever. Estate planning attorneys have traditionally been accustomed to drafting provisions that exclude family members but doing so without caution may invite a successful probate challenge or worse. In this interactive workshop participants will learn about: 1. Drafting for clients with chosen family, though their biological family members are alive, and no adoption ever took place 2. Designing provisions for Lawful Permanent Residents who have U.S. citizen children but who otherwise have primarily non-U.S. family. 3. Crafting provisions that address disproportionate gifting and that assist in avoiding probate and probate challenges

Learn what you need to know about creditor rights and spendthrift trusts under Article Five of the Illinois Trust Code, and drafting and administering trusts for creditor protection.

Learn how you can add value for your estate planning clients, by facilitating family meetings, governance and communication structures; family offices; and multi-generational plans across the wealth spectrum.