Legal Question in Wills and Trusts in Illinois
Property
I have three elderly uncles and 1 aunt, who are heirs to some property. They want me to manage it while the are living and make sure that it is not sold once they are deceased. What kind of document do I need to get this done. We all live in Illinois but the property is in Mississippi.
Asked on 3/26/08, 4:31 pm
2 Answers from Attorneys
John Steele
Steele Law Firm
Re: Property
You simply need to get that property into a trust and have yourself named as the trustee.
Answered on 3/27/08, 10:51 am
George Zuganelis
Zuganelis & Zuganelis, Attorneys at Law, P.C.
Re: Property
You would need a land trust of some sort. please call a lawyer who is experienced in estate planning.
Answered on 3/27/08, 1:36 pm