Changes to the Illinois Trust 2021

We’re amidst a new decade, and there are a slew of recent Illinois trust laws and federal tax reforms to keep all of us in the estate planning business paying close attention! Read the full article here: https://www.oflaherty-law.com/learn-about-law/changes-to-illinois-trust-code

There are many updates that will affect almost all of our customers, as well as a few that may not. This brief update is being sent to inform you of any new laws that can necessitate changes to your estate planning documents.

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This video discusses changes to the Illinois Trust Code. We will discuss the following topics: Aspects to Consider When Creating a Trust, Illinois Trust Document Updates, and Additional Exemption Amounts in Illinois Trusts ‍