In July 2019, Illinois Gov. J.B. Pritzker signed House Bill HB1471, which enacts the Illinois Trust Code (ITC) and repeals many of Illinois’ current trust statutes. The ITC will be effective as of Jan. 1, 2020.
To learn more about what bill entails, read the article below.
https://trackbill.com/bill/illinois-house-bill-1471-illinois-trust-code/1659086/