Recent Amendments to the Illinois Power of Attorney Act: Unreasonable and Reasonable Refusal to Honor Property Powers
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Presented by the ISBA Trusts & Estates Section
Co-sponsored by the ISBA Elder Law Section
1.0 hour MCLE credit
Original Program Date: Tuesday, December 10, 2024
Accreditation Expiration Date: January 6, 2027(You must certify completion and save your certificate before this date to get MCLE credit)
On August 9, 2024, Governor Pritzker signed Illinois Public Act 103-0994 into law, which amended the Illinois Power of Attorney Act to provide a statutory framework for when it would be reasonable for a third-party to refuse recognition of a financial Power of Attorney, as well as when it would be unreasonable for a third-party to not honor an otherwise properly executed Power of Attorney for Property. Don’t miss this panel presentation in which our speakers discuss the legislative process, the compromises made to reach the resulting language, how financial Powers of Attorney are reviewed by bank counsel, and how this legislative amendment will affect financial institutions’ practices in reviewing financial Powers of Attorney.
Program Coordinator:
Colleen L. Sahlas, The Law Offices of Hoy & Sahlas, LLC, Oak Brook
Program Chat Moderator:
Eric R. Wilen, Attorney at Law, Naperville
Program Speakers:
Lauren Barney, Associate General Counsel, CIBC Bank USA, Chicago
Amy Delaney, DDV Law, Ltd., Chicago
Elizabeth Anne Khalil, U.S. Chief Privacy Officer, Deputy General Counsel, CIBC Bank USA, Chicago
Ben A. Neiburger, Generation Law, Elmhurst
Aaron White, Senior General Counsel, CIBC Bank USA, Chicago
Eric R. Wilen, Attorney at Law, Naperville
Program Information
- Please Note: You must attend the entire program in order to earn MCLE credit for this seminar.
- ISBA sponsoring section members get a $10 registration discount (which is automatically calculated in your cart when you log in to register).
- Fees:
- ISBA Member Price of $35 is displayed below when you login and program is eligible for Free CLE member benefit.
- Non-Member Price $70
- New Attorney Member (within the first five years of practice) - $25
- Law Students – Free