TRUSTS AND TRUSTEES-ACCEPTANCE Senate SponsorsSen. Chris Nybo-Pamela J. Althoff 1/10/2017SenateSession Sine Die 760 ILCS 5/18.5 newAmends the Trusts and Trustees Act. Provides that by accepting a benefit under a trust instrument, the beneficiary admits the instrument to be a valid trust. Provides that a beneficiary of a trust may not accept a benefit under the instrument and at the same time set up a claim which is contrary to the substantive terms of the trust.Senate Committee Amendment No. 1 Replaces everything after the enacting clause with the provisions of the introduced bill, and makes the following changes: (i) specifies that the provisions govern a person accepting a benefit under a trust instrument designed to achieve the effect of testation (instead of a "trust instrument"); and (ii) provides that exceptions applicable to the doctrine of election as applied to wills also apply to trusts. 1/15/2015SenateFiled with Secretary by Sen. Chris Nybo 1/15/2015SenateFirst Reading 1/15/2015SenateReferred to Assignments 1/28/2015SenateAssigned to Judiciary 2/18/2015SenatePostponed - Judiciary 2/27/2015SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Chris Nybo 2/27/2015SenateSenate Committee Amendment No. 1 Referred to Assignments 3/3/2015SenateSenate Committee Amendment No. 1 Assignments Refers to Judiciary 3/3/2015SenateSenate Committee Amendment No. 1 Adopted 3/4/2015SenateDo Pass as Amended Judiciary; 011-000-000 3/4/2015SenatePlaced on Calendar Order of 2nd Reading March 5, 2015 3/10/2015SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff 10/8/2015SenateRule 2-10 Third Reading Deadline Established As October 20, 2015 10/10/2015SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/10/2017SenateSession Sine Die