Legal Question in Wills and Trusts in Illinois

If I passed does my wife have immediate access to my trust funds without having to pay taxes on those funds ?


Asked on 4/03/13, 12:28 pm

1 Answer from Attorneys

Virginia Prihoda Law Offices of Virginia Prihoda

Maybe, maybe not. It all depends on how the "trust" is set up. Your question is too vague to be responded to in a meaningful way. The only way someone could properly advise you would be to review the trust agreement creating your right or interest in the funds you're talking about.

Read more
Answered on 4/03/13, 12:33 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Illinois