Certification: the future ain’t what it used to beBy Fred H. DicksonFebruary 2001In 1999, the Trust and Estates section council asked the Board of Governors of the ISBA to consider a voluntary program for certification of trust and estate planning lawyers in Illinois.
Chasing custodial claimsBy Malcolm L. MorrisNovember 2001No doubt many an attorney has heard a tale of woe from a disappointed client who was unexpectedly excluded from a will notwithstanding the testator's promise to the contrary.
From the editorsNovember 2001Several contributors have provided insights into various areas of our practice. Shannon DeLaMar discusses some of the circumstances in which a fiduciary relationship may be formed by a reposition of trust.
From the editorsJune 2001We begin with a feature article from Jay Goldenberg on various uses of the irrevocable insurance trust.
From the editorsFebruary 2001This issue includes a couple of thought provoking articles.
Powers of attorney in light of the Fort Dearborn caseBy Thorpe FacerFebruary 2001Fort Dearborn Life Insurance Company v. Holcomb, No. 1-99-3627 (2000 WL 1218507), decided by the First District on August 28, 2000, gives us some interesting facts, a few pointers on using the statutory short form power of attorney for property, and a reminder of the steps we must take with every client to ensure proper planning.
Recent decisionsBy James K. SayNovember 2001In re Estate of Budris Andernovics, Il. Sup. Ct., September 20, 2001. In February 1989, plaintiff Peggy Parrish filed a complaint against the estate of Budris Andernovics, claiming that Andernovics had breached an oral agreement to make specific provisions in his will.
Recent decisionsJune 2001Estate of Floy M. Christensen, Deceased, Carl Stewart Christensen, Personal Representative v. Commissioner of Internal Revenue, T.C. Memo 2000-368, December 6, 2000.
Report from the task force on the unauthorized practice of lawFebruary 2001A subcommittee of the Task Force on the Unauthorized Practice of Law has been established to review information provided to the task force about possible situations involving the unauthorized practice of law regarding estate and trust work.
Uses of the Irrevocable Insurance TrustBy Jay S. GoldbergJune 2001The ILIT (Irrevocable Life Insurance Trust) has become a standard tool of estate planning, as common as the Marital Deduction and the Credit Shelter Trust (CST).