New LIFT Act in Springfield long overdue
An important piece of legislation passed both the House and Senate this spring – unanimously. It still awaits the Governor’s signature, but it is exciting nonetheless! The LIFT (Legacy Impact through Fair Transfers) Act (HB4206 / SB2748) tightens up how financial institutions treat charities. In a nutshell, financial institutions cannot be slow in transferring non-probate […]
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