Estate Planning and Trust Management for a Brave New World
Estate planning and trust management for a brave new world
About the talk
The structure of the family has changed dramatically since the 1950'5 when many of our traditional estate and financial planning strategies were developed. This presentation will provide and overview of changing generation attributes, marital practices and family structures and examine their implications for estate planning, trust design and family collaboration and governance.
Understand generational attributes and how their influence approaches to estate planning. Recognize the changes occurring in marital practices and family structures and their implications for estate planning trust design and family collaboration and decision making.
Speaker bio: Hugh Magill is an executive vice president of Northern Trust Corporation, where he serves as Chief Fiduciary Officer and Global Director of Trust services. He is responsible for Northern Trust’s fiduciary services to clients nationally and internationally. Hugh practiced law in Chicago and worked in investment management at the First National Bank of Chicago, before joining Northern Trust in 1989. He has lectured for the Heckerling Institute, the American College of Trust and Estate Counsel, and Notre Dame. He serves on the editorial board of Trusts and Estates magazine, and is quoted in the Wall Street Journal, the New York Times and Barrons. He and his wife are the parents of three children.