Trusts, of course, are frequently utilized as asset-protection mechanisms. Still, writes Ira N. Helfgot in his August Illinois Bar Journal article, “From Illinois to Delaware,” many creditors are unfamiliar with how to proceed with collecting from trusts, particularly from Delaware trusts. Helfgot offers a primer for creditors attempting to collect their judgments against Illinois and Delaware trusts and explains what attorneys need to know about the differences between Delaware and Illinois trust instruments. 

Read the August Illinois Bar Journal article, "From Illinois to Delaware."