Flinn Report Summary: November 3, 2023 – January 5, 2024By Amina SaeedTrusts and Estates, January 2024A summary of regulatory decisions of Illinois agencies reported in the Flinn Report that are related to trust and estate practices.
What Is a Trust? Part 2: Does It Matter?By Sherwin D. AbramsReal Estate Law, January 2024Is a trust a relationship or is it an entity that can hold title to property and that can sue and be sued? The authorities differ.
What Is a Trust? Part 2: Does It Matter?By Sherwin D. AbramsIntellectual Property, December 2023Is a trust a relationship or is it an entity that can hold title to property and that can sue and be sued? The authorities differ.
How to Disinherit Your Spouse in IllinoisBy Russell D. KnightTrusts and Estates, September 2023When you contemplate divorce, you don’t want your current spouse to have anything after you die. So how do you disinherit a spouse in Illinois?
Medicaid UpdateBy Leonard BergReal Estate Law, September 2023Illinois can no longer file a lien against real estate to recover Medicaid benefits.
Medicaid UpdateBy Leonard BergElder Law, September 2023Illinois can no longer file a lien against real estate to recover Medicaid benefits.
What Is a Trust? Part 1: Is a Trust an Entity?By Sherwin D. AbramsIntellectual Property, September 2023Is a trust a relationship, or is it an entity that can hold title to property and that can sue and be sued? The authorities differ.
Medicaid UpdateBy Leonard BergTrusts and Estates, July 2023Illinois can no longer file a lien against real estate to recover Medicaid benefits.
Flinn Report Summary: March 3, 2023 – June 2, 2023By Joseph P. O’KeefeTrusts and Estates, June 2023A summary of regulatory decisions of Illinois agencies reported in the Flinn Report that are related to trust and estate practices.
Estate Planning and Probate in FranceBy Lynne R. OstfeldInternational and Immigration Law, May 2023An overview of estate planning and probate in France.
From Illinois to DelawareBy Ira N. HelfgotTrusts and Estates, May 2023A primer on trust collection for creditors.
Caselaw UpdateBy Michael L. EnglishTrusts and Estates, April 2023Summaries of recent cases of interest to trusts and estates law practitioners.
The Illinois Uniform Partition of Heirs Property ActBy Michael J. FleckTrusts and Estates, April 2023The Illinois Uniform Partition of Heirs Property Act provides protections and mechanisms for heirs who find themselves in the position of having to deal with the potential loss of inherited property.
When the Claws Come Out: Reviewing ‘Anti-Clawback’ Provisions in Light of Additional Proposed RegulationsBy Caroline E. HechtTrusts and Estates, March 2023The amendment to section 2010(c)(3) of the Internal Revenue Code of the Tax Cuts and Jobs Act of 2017 provides that for persons who die or make gifts after December 31, 2017, and before January 1, 2026, the basic exclusion amount and the Generation-Skipping Transfer Tax Exemption is increased from $5 million to $10 million, adjusted for inflation.
What Is a Trust? Part 2: Does It Matter?By Sherwin D. AbramsTrusts and Estates, February 2023Is a trust a relationship or is it an entity that can hold title to property and that can sue and be sued? The authorities differ.
New Charitable Planning Opportunities With Retirement PlansBy Philip M. Purcell, J.D.Trusts and Estates, January 2023The new Secure Act 2.0 addresses many issues related to retirement planning, including two important charitable planning opportunities.
What Is a Trust? Part 1: Is a Trust an Entity?By Sherwin D. AbramsTrusts and Estates, January 2023Is a trust a relationship, or is it an entity that can hold title to property and that can sue and be sued? The authorities differ.
CFPB Issues Guidance on Nursing Home DebtBy Zisl Edelson, J.D., MBATrusts and Estates, October 2022Recently, the Consumer Financial Protection Bureau issued a policy statement clarifying the interplay between the Federal Nursing Home Reform Home Act, the Fair Debt Collection Practices Act, and the Fair Credit Reporting Act with respect to nursing home contracts and debt collection practices for unpaid nursing home bills.
Cook County Probate Court NewsBy Colleen L. SahlasTrusts and Estates, October 2022Updates from the Cook County Probate Court.
