The Illinois Trust Code (“ITC”) codifies the traditional responsibilities of trustees, such as loyalty, responsible management, and accountability. These responsibilities and their extent were previously determined by court judgments and treatises. Read the full article here: https://www.oflaherty-law.com/learn-about-law/recent-changes-to-illinois-trust-litigation-and-dispute-laws-2021
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This video discusses topics that may impact you in 2021 regarding Illinois trust litigation and dispute laws including Accounting And Informing Beneficiaries Of A Trust Delivery To Past Beneficiaries Notifying Past Beneficiaries Trustee’s Exculpation Delegation Of Trustees Duties And Powers Discretionary Authorities In Trust Litigation
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