The New Illinois Trust Code: Practical Pointers
The Illinois Trust Code becomes effective Jan. 1, 2020, representing a multiyear effort to modify and adapt the Uniform Trust Code. In his December Illinois Bar Journal article, “The New Illinois Trust Code: Practical Pointers,” Dan Felix provides a topic-oriented introduction that moves progressively through the Code. He notes several changes from the existing Illinois Trust and Trustees Act and raises questions for further resolution. Felix also includes a practical checklist for attorneys who will be working with the Code.
Read more in the December Illinois Bar Journal.