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| March 2010 | Volume 3 • Number 3
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| Update from ATG Administration
U of I College of Law Scholarship to Honor Ward F. McDonald
We have exciting news — news that we hope you will join in celebrating, and that will inspire you to support our efforts.
For many years, Ward McDonald has been a leader in our industry. Ward has served as a mentor to many of us in our legal careers. He has been a leader of Attorneys' Title Guaranty Fund, Inc. (ATG) for forty years, having served as CEO for thirteen years and continuing to serve on its Board of Directors. It is fair to say that ATG would not be the success it is today without Ward's efforts.
In addition to maintaining a successful law practice, Ward has also served as an Adjunct Professor at the University of Illinois for twenty years, and at the College of Law for seventeen years. He has mentored hundreds of future real estate attorneys. His contributions to the legal profession are impressive and quite significant. For those reasons and many others, we are pleased to announce that ATG will honor Ward by initiating the Ward McDonald Scholarship Fund at the University of Illinois College of Law.
The scholarship will be awarded to a 3L student who is in good academic standing and displays a passion and initiative for real estate law. The student will also need to have completed or enrolled in the Real Estate Finance course offered at the College of Law. If in any year a student is not identified for the scholarship, it will be awarded at the discretion of the College.
ATG has committed to $25,000 over five (5) years to assist in establishing the scholarship. Ward has also committed to yearly gifts and has made provisions in his estate to support the scholarship. To endow the scholarship, a total of $50,000 is needed. In agreement with University of Illinois guidelines, a 4% draw will be taken from the principal amount on a yearly basis. A $50,000 scholarship fund will yield a scholarship of $2,500. We are confident that this fund will continue to grow through the years.
We are asking ATG members, agents, and friends to join us in honoring Ward. Any gift is appreciated and will go a long way to help us achieve our goal. You may have already sent a donation via the mailing from the University of Illinois. If so, we thank you for your support. If not, please donate via this link. The full amount of your gift is 100% tax deductible in accordance with the charitable giving laws established by the United States Internal Revenue Service. In addition to helping fund the scholarship, we invite you to attend a special event:
We thank you in advance for your consideration and generous support. Ward is deeply touched by this gesture and is very grateful to all his friends.
Peter J. Birnbaum
President and CEO |
| ATTORNEYS | Practice Notes
THE PROCESS SERVER THAT'S RESPONSIVE TO YOUR NEEDS
Four Reasons to Work with ATG LegaLServe, Inc. - ATG LegaLServe provides you with the finest process serving available to lawyers today:
Contact us or visit our website for more information. We look forward to working with you!
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| ATG MEMBERS | Underwriters' Bulletin
This section for ATG members only provides updated procedural and underwriting information. If you keep hard copies of our Member Handbooks in your office, print this information for insertion.
Login required to view links. PROCEDURAL UPDATE
Commitment and Policy Issuance Procedures: New Policy Amount Limitations | Effective immediately, all commitments with exposure in excess of $3,000,000 must be sent to ATG legal staff so we can obtain approval from our reinsurer before the closing... read more
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| IN THE NEWS | Free Keep Your Home Event
Events Scheduled in Chicago Area
Attorneys' Title Guaranty Fund (ATG) continues its series of free events to help distressed homeowners:
More sessions will be added to the schedule soon. Volunteers are always welcome. Let us know if you'd like to help Chicago homeowners stay in their homes. |
WHAT'S NEW | Member, CLE, Process, and Trust Services
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[Last update: 3-31-10]
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