In this article, we explain the Illinois Trust Code and changes to Illinois trust and estate law for 2020. January 1, 2020 will mark the outset of the Illinois Trust Code or ITC, as it will be known. The Illinois Trust Code is an adaptation of the Uniform Trust Code UTC that has already been implemented in 33 states. Most of the new code is elective and can be modified or waived by the creator of the trust known as the settlor, but there are some parts of the new statutes than cannot be waived, such as the information a trustee must provide to beneficiaries.