Legal Question in Investment Law in Illinois

Well, you answered Part A but not Part B. We now know this is an IRA account. We don't know if it is being funded with marital assets. We still don't know what you want to do with it specifically. So my best suggestion would be to go to the financial institution where you have or want to set up an account, and ask them their procedures and requirements.

The response given is not intended to create, nor does it create an ongoing duty to respond to questions. The response does not form an attorney-client relationship, nor is it intended to be anything other than the educated opinion of the author. It should not be relied upon as legal advice. The response given is based upon the limited facts provided by the person asking the question. To the extent additional or different facts exist, the response might possibly change. Attorney is currently licensed to practice law actively only in the State of Illinois, inactively in Florida. Responses are based solely on Illinois law unless stated otherwise.