News & Analysis as of

Estate Planning Governor Pritzker

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the... more +
Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process.  less -
Levenfeld Pearlstein, LLC

What We Know (And Don’t Know) About Remote Witnessing And Notarizing And Electronic Wills And Notarization

The new normal for signing estate planning documents in Illinois that began with Governor Pritzker’s March 26, 2020, Executive Order (No. 2020-14) is about to change. The Order authorized both the remote witnessing and the...more

McDermott Will & Emery

A Socially Distanced Ceremony: Virtual Execution of Estate Planning Documents

Remote witnessing and notarization is quickly becoming the new normal for executing estate planning documents. Instead of an in-person meeting, a witness or notary who is outside the physical presence of the signatory uses...more

Katten Muchin Rosenman LLP

Review of Illinois Revocable Trusts Recommended in Light of New Illinois Trust Code

On July 12, Governor Pritzker signed into law the new Illinois Trust Code (ITC), which is effective January 1, 2020...more

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