Legal Question in Wills and Trusts in Illinois
Successor Trustee
Revocable trust created by Father living in Illinois.
I am daughter, living in California.
He has been told I cannot be the successor trustee because I live out of state.
Is this true?
Asked on 6/06/03, 5:07 pm
2 Answers from Attorneys
Jay Goldenberg
Jay S. Goldenberg
Re: Successor Trustee
Absolutely not.
I hope it wasn't the lawyer drafting the trust that told him that.
It's not what you don't know that hurts you.
It's what you know that isn't so.
Answered on 6/06/03, 5:48 pm
Chris Johnson
Christopher B. Johnson, Attorney at Law
Re: Successor Trustee
Illinois law may be different, but I've never heard of such a prohibition, and in California we include out-of-state trustees often. It may not be recommended if the distance will prevent the trustee from doing his/her/its job effectively, but that is a different issue.
Answered on 6/06/03, 6:12 pm