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Illinois Confidentiality Form

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welcome to learn about law my name is Kevin o Flaherty from O'Flaherty law and today we're going to explain the Illinois trust code and recent changes to Illinois trust in a state law the Illinois trust code is a new statute that's effective January 1st 2020 and it relates to the law regarding trust in Illinois as you might expect that codifies a lot of what was previously common law that was decided by judges it puts it into a statute and it's an adoption of the Uniform trust go to which has been adopted already by 33 other states most of the dictates of the code can be modified or waived by the creator of a trust by putting specific language in the trust that modifies or waves those dictates some of the dictates of the code cannot so we'll talk about the major changes to Illinois trust law that were put into effect by the Illinois trust code 1 is the notification requirements to beneficiaries ing to the code trustees are required to notify bene

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