ADVISOR NEWS

As the landscape of the corporate fiduciary world continues to evolve; and as the demands to increase revenue continue to mount; trust companies may be tempted to expand their offerings and venture into less well-known areas of trust administration. Although there can be economic benefits of engaging in obscure trusts; it is wise to understand some of the pitfalls that might also occur. In this section we discuss irrevocable life insurance trusts (ILITS).

The Market Review is a monthly publication which provides an overview of recent market activity across various asset classes. The Market Review highlights recent economic data and market trends in both the domestic and international markets.

The Market Review is a monthly publication which provides an overview of recent market activity across various asset classes. The Market Review highlights recent economic data and market trends in both the domestic and international markets.

As the landscape of the corporate fiduciary world continues to evolve; and as the demands to increase revenue continue to mount; trust companies may be tempted to expand their offerings and venture into less well-known areas of trust administration. Although there can be economic benefits of engaging in obscure trusts; it is wise to understand some of the pitfalls that might also occur. In this section we discuss land trusts.

The Trusts & Estates Section Council has members from throughout the State of Illinois with a variety of professional achievements, skills, and practices. ATG Trust Company President & CEO was featured in the July 2020 edition of their newsletter. 

Our Quarterly Market Insights publication offers a review of the quarter and also our outlook for the coming months. This publication features a “spotlight” topic and also highlights news in the economy, equities and fixed income asset classes with a focus placed on our outlook for the markets and economy.

The Financial Crimes Enforcement Network (FinCEN) is issuing this advisory to alert financial institutions to potential indicators of imposter scams and money mule schemes, which are two forms of consumer fraud observed during the COVID-19 pandemic. 

Ashleigh C. Rousseau's Note "...explores the implications of not only a name change but also a change in gender for a beneficiary named in a will using their previous identity. Raising a question, may a transgender individual accept their bequest under the will when a decedent names a transgender individual as a beneficiary and uses that individual's birth name and gender?"

The Market Review is a monthly publication which provides an overview of recent market activity across various asset classes. The Market Review highlights recent economic data and market trends in both the domestic and international markets.

As the landscape of the corporate fiduciary world continues to evolve; and as the demands to increase revenue continue to mount; trust companies may be tempted to expand their offerings and venture into less well-known areas of trust administration.  Although there can be economic benefits to engaging in obscure trusts; it is wise to understand some of the pitfalls that might also occur.