CLE: Illinois Trust Code—What You Need to Know
Join us from 8:30 a.m. until 4:30 p.m. on Friday, Oct. 11 in Chicago or via live webcast for a full-day program on the new Illinois Trust Code, which will affect all Illinois estate planners.
This program examines everything you need to know about the new law, including: when the law goes into effect; the modified fiduciary duties of trustees; the new requirements for appropriate notice and accountings to beneficiaries; The role of a beneficiary representative under the new law; the new avenues for judicial modifications of trusts; changes to the Illinois decanting statute; creditor issues and the codification of creditor’s rights; the role of environmental, social, and governmental considerations under the prudent investor rule; and the drafting and administrative issues that may arise in light of the new Illinois Trust Code.
The program is presented by the ISBA Trusts & Estates Law Section. It qualifies for 6.5 hours MCLE credit.