Chicago Estate Planning Council Webinar – Who’s Your Mommy/Daddy? What Estate Planning Advisors Need to Know About the New Illinois Parentage Act
Kim Kamin, Chief Wealth Strategist at Gresham Partners, LLC, moderated a discussion of the Illinois Parentage Act (effective 1/1/2016) with Meighan Harmon of Schiller DuCanto & Fleck, and David Shayne, of counsel at Holland & Knight. This webinar covered the impact of the new law and what estate planning advisors need to know about it. You might not realize how important this Act is to Estate Planning, but among other controversial changes, it makes one particular dramatic change to the Illinois Probate Act in terms of who is legally defined as a descendant under that Act.