In this program, attorneys will learn about several futuristic - but genuine - estate planning topics. First: Cryptocurrency. When Bitcoin, the most popular and oldest cryptocurrency, was introduced in 2009, people scoffed and predicted its failure. But just nine years later, Bitcoin operates in a viable market with buyers, sellers, and users, and has spawned more than one-thousand other cryptocurrencies. This development means that estate planning attorneys may be retained by clients with Bitcoin or some other cryptocurrency, and will need to guide them in the administration of those assets.
Next: Cryonics and the disposition of a loved one’s remains. What happens if those remains are not quite dead but frozen? Despite the moral implications of prolonging life, advances in technology have advanced to allow individuals not only the ability to prolong life but also to freeze their entire body. In this scenario, an estate planning attorney whose client wants to be preserved must understand the statutory interplay among laws related to more than medical Advanced Directives and DNRs.
Third: Conception Post-Death. Within the last decade, comprehensive estate plans have also included genetic reproductive material provisions to protect cryogenically preserved materials such as gametes, or prohibit the storage and use of such materials post-death. Certain states have recently enacted legislation to guide families in this area, and hopefully avoid potential administrative nightmares. Attorneys working with these clients must probe the most intimate corners of clients’ lives to help them create a complete plan, while the attorney also seeks to avoid potential malpractice claims.
Teaching this program is Max Elliott, the principal and founder of a Chicago-based firm, The Law Offices of Max Elliott. Her firm practices estate planning and wealth preservation for professionals and small business owners. She is also General Counsel for the Bernie Mac Foundation, Inc., a member of the Chicago Bar Association Trust Law Executive Committee, U.S. Trust Center of Influence on Estate Planning, and American Bar Foundation Fellow. She has presented several times to bar association groups on emerging estate planning topics, such as marriage equality and estate planning for transgender persons.
Maximillienne "Max" Elliott, our firm's Principal, practices with the compassion and sensitivity required to maintain family harmony for her clients. She is licensed to practice in the State of Illinois and has represented clients with large and modest estates, challenging negotiations, multi-jurisdictional probate matters, guardianship involving minors and disabled persons, and family-owned business planning.
Max routinely speaks to lawyers, students, and community groups. For years, she was a staunch supporter of marriage equality, educating colleagues and the public on the adverse effects of the so-called Defense of Marriage Act (DOMA) and was elated to celebrate the Supreme Court's historic ruling in Obergefell v. Hodges that established marriage equality across the nation for all LGBTQ couples.
Max is a volunteer faculty member for the Illinois Institute for Continuing Legal Education (IICLE),
Before launching her practice, Max was a law clerk in a boutique tax litigation firm, assisting the principal in probate, domestic relations, corporate records, non-profit corporation compliance, and estate planning.
In addition to her legal experience, Max has more than 20 years of non-legal employment experience, including
Throughout the years, she has also assisted entrepreneurs in creating viable business planning solutions. This experience and her compassion for the philanthropic efforts has also guided Max to become General Counsel of The Bernie Mac Foundation.
Max has received numerous awards for her commitment to the community and is an active volunteer member of several legal organizations: the Black Women Lawyers’ Association; the Cook County Bar Association; Chicago Bar Association; Illinois State Bar Association; and American Bar Association.
Also, because of her strong commitment to public service, she also supports Chicago Women’s Health Center, a women’s medical collaborative center providing healthcare services to women living alternative lifestyles and those in the LGBTQ community, IntraSpectrum Counseling a mental health treatment organization for the LGBTQ community; and Marillac St. Vincent, which serves
Living in Chicago, Max is happily married with 2 charming stepsons and a darling niece.
Very well organized and presented; very relevant for Illinois attorneys.
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