September 2011 | Volume 4 • Number 7
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Update from ATG Trust Company
The Successes of Sisyphus:


March 3, 1945 — September 3, 2011

by Robert Lopardo, President, ATG Trust Company

In Greek mythology Sisyphus was a king punished by being compelled to roll a giant boulder up a hill, only to see it roll back down. Each day he had to repeat this throughout eternity. According to legend he is still at it.

Our own Sisyphus story is much more uplifting, though it was a long time before the rock reached the pinnacle and began its inevitable descent down the other side to the valley of success. One man had much to do with that success.

Dennis (Denny) A. Norden was, at the time of his recent and untimely passing, only 66 years of age. In his role as Senior Vice President and General Counsel at ATG Trust Company, Chicago, he spent much of his time negotiating trust agreement language, advising attorneys on how to handle specific and unique drafting measures to satisfy the never ending variety of things people can think of to complicate the financial paths their heirs and beneficiaries will one day inherit.

But his long road to that role is filled with story after story of the Sisyphus-like efforts he employed along the way during his nearly thirty-year career as an attorney in Kankakee, Illinois (read more).


ATTORNEYS | Practice Notes
Advantages and Disadvantages of the Transfer on Death Instrument - Several strategies exist that bypass the probate process when transferring property; however, each offers unique advantages and disadvantages.
Decedents: PA 97-0555 — Governs an owner's right to transfer residential real estate to one or more beneficiaries on the owner's death.
Mechanic's Liens: LaSalle Bank Natl Assoc v Cypress Creek 1, LP — Mechanic's lien claimants are preferred only as to the value of the improvements they made.
Mechanic's Liens; Slander of Title: Walsh & Kelly, Inc v International Contractors, Inc — A party that files an invalid mechanic's lien may be subject to slander of title for malice and reckless disregard for the truth.
Contracts; Foreclosure: Cambridge Financial Services, LLC v Rolon — Continuing to make payments on a mortgage after an agreement that arguably releases a lender&€™s mortgage interest can provide evidence of intent that overcomes contractual ambiguity.


ATG MEMBERS | Underwriters' Bulletin
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REMINDER: ATG Privacy Policy Notice - To comply with the Gramm-Leach-Bliley Act, ATG and its subsidiaries developed a privacy policy and notice informing customers, including buyers and sellers, that ATG will not disclose non-public, personal information to nonaffiliated third parties... read more



IN THE NEWS | FREE NHS Events for Distressed Homeowners, Wisconsin Office Moving
NHS Keep Your Home LogoFREE NHS Events for Distressed Homeowners in Elgin - At these events, homeowners struggling with their mortgage payments meet one-on-one with their servicer, a housing counselor, or volunteer who will determine if they qualify for the federal Home Affordable Modification Program, other loan modification, or Illinois' Hardest Hit Fund Homeowner Emergency Loan Program... read more

The next 2011 event has been scheduled:

Saturday, October 15
The Hemmens Cultural Center
45 Symphony Way
Elgin, Ill.
9:00 a.m. - 12 noon

Attorneys/Support Staff: Volunteers are always welcome (see NHS Volunteer Notice. If you wish to give your time to this worthy cause, please contact Pat Washington at or 773-329-4136.

The next event will be held in Barrington. Watch this newsletter and our website for updates.

We're Moving Our Wisconsin Office - Effective November 1, the ATG Wisconsin office address will be:
N14W23800 Stone Ridge Drive, Suite 120
Waukesha, WI 53188-1144
Main Phone: 800.788.8989 or 262.347.0102
Fax: 262.347.0110

Watch our website homepage for updates.



WHAT'S NEW | Member, CLE, Process, and Trust Services
  Re-Activate your ATG Membership - Has it been a while since you issued a policy? Are you ready to get started again? It's easy, and we can help. Make a small investment of time, start writing policies again, and add to your bottom line. Contact Member Services Representative Bob Dillow today!

Legal Ed Logo Sml
Real Estate Procedures Update

an ATG/IRELA program

Make sure you're ready for recent significant changes in the law that affect you, including transfer on death instruments, civil unions, trust/escrow accounts, and powers of attorney.
Wednesday, October 5, 2011
1.50 MCLE in IL
Connect OnLine

Package Users | Attorneys | All Others

One Payment Buys ATG Legal Ed Seminars for One Year - With a Lawyer Discount Package, you pay once and get direct access to our library of more than 30 OnDemand programs PLUS our full 2011 calendar of live programs when they're available... read more

See ATG Legal Education at for our full program list.

  FAST AND FLEXIBLE: The Process Server Responsive to Your Needs - Get the finest process serving available to lawyers today. Learn what the LegalServe Difference can make in your practice and place your order today!

ATG Trust logo About Us: An Introduction - You can offer a full range of trust services, including an array of high-quality investment vehicles with proven performance results, many of which are typically available only to very high net worth individuals and institutions, through ATG Trust... read more

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[Last update: 9-30-11]