Appellate Court of Illinois July 12, 2004, 4-03-0738 (NC Illinois Trust Co. v. Madigan)

JUSTICE COOK

delivered the opinion of the court:

Earl M. Bane died in 1974. His will directed that his assets be put into a trust to care for his wife during her life and that the residue be used to provide for medical research. Bane’s wife predeceased him, and on his death the Earl M. Bane Charitable Trust (trust) was established.