How Irrevocable is Irrevocable? A Look at Ways To Modify Irrevocable Trusts Under Illinois Law Sponsored by Fifth Third Bank
Fifth Third Bank
During this webinar, Rebecca Wallensfelz, Chapman and Cutler will take a close look at the purposes or circumstances when an irrevocable, non-charitable trust may be modified (by beneficiaries, by the trustee or by a court), and what the requirements and options are. In particular, the presentation will cover the rules under the new Illinois Trust Code.
About the Speaker
Rebecca is a partner in the firm’s Trusts and Estates Department and has been practicing law since 1997. Rebecca has extensive experience representing individuals and institutions in trust and estate matters.
Rebecca represents a variety of fiduciaries and beneficiaries in the administration of estates and trusts, including addressing fiduciary risk issues, tax issues and litigation matters, such as will and trust construction, breach of fiduciary duty and contested probate matters.
Rebecca’s extensive experience in estate planning matters includes drafting a variety of wills, trusts and premarital agreements, and in planning for and minimizing estate, gift and generation-skipping transfer taxes and related income taxes, including taxes related to retirement plan assets.
In 2011, Rebecca was named to the Law Bulletin Publishing Company’s “40 Illinois Attorneys Under Forty to Watch” list of outstanding lawyers. In 2012, she was elected to the American College of Trust and Estate Counsel, a prestigious professional organization for skilled and experienced lawyers in the trusts and estates practice. She co-Chairs the Probate and Fiduciary Litigation Committee of ABA-RPTE Division.