Illinois Statutes Chapter 815. Business Transactions § 505/2BB. Assembly, drafting, execution and funding of living trust documents by corporations or nonlawyers

§ 2BB. The assembly, drafting, execution, and funding of a living trust document or any of those acts by a corporation or a nonlawyer is an unlawful practice within the meaning of this Act. Any person who violates this Section is guilty of a Class A misdemeanor. A person who is convicted of a second or subsequent violation of this Section is guilty of a Class 4 felony.

This Section shall not apply to any State or national bank, State or federal savings and loan association, savings bank, trust company, or any other corporation that has received a certificate of authority authorizing the exercise of trust powers under the Illinois Corporate Fiduciary Act.  1

This Section shall not apply to any State or federal credit union, as defined in Section 1.1 of the Illinois Credit Union Act,  2 or the ability of any such credit union to issue accounts under the Illinois Trusts and Payable Upon Death Accounts Act.  3

Nothing in this Section shall authorize a person to engage in the unauthorized practice of law.