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.
Answered on 4/03/13, 12:33 pm