Legal Question in Wills and Trusts in Illinois
Land Trust
Is a land trust necessary? If you have a will and have your property divided in the will, do you need a land trust so the property does not go to probate?
Asked on 4/02/00, 11:59 am
1 Answer from Attorneys
Jeffrey R. Gottlieb
Law Offices of Jeffrey R. Gottlieb, LLC
Re: Land Trust
Your property does not get divided in your will. A will only directs property in the decedent's sole name, and a will certainly does not avoid probate. If you want to avoid probate, consider setting up a "living trust." If you are interested in whether a living trust may be appropriate for you, feel free to e-mail me at [email protected] or call me at (847) 991-2250.
Answered on 5/23/00, 4:20 pm