Dissolving an Irrevocable Trust

Both previous answers are correct. You can dissolve the Trust, but it must be done under the "virtual representation" provisions of the Illinois...

Illinois law, unlike with a Will, requires only that a Trust be signed by the person(s) establishing it. That being said, I strongly suggest that...

I'm surprised that the attorney representing the estate hasn't authorized the executor to reimburse you. Technically, it is a claim against the...

I live in Arizona but when my wife died over 3 years ago in Illinois I filed her will but did not probate the will.

Yes, can still file a Petition to admit the Will to Probate in Illinois, however, the question would be, is there a need to do so. If all of the...

Illinois case law, allows for a separate memorandum regarding personal property. If it describes the item(s) of personal property, to whom they...

In Illinois is a memorandum to my will (not a codicil) enforceable by heirs after I die?

It is impossible to determine what a "memorandum" means. What is the content and text of this "memorandum? Does it modify or delete any...

Can any of the legal fees from dealing with my father's estate as an heir named in his will be deducted on my taxes?

Yes , they are tax deductible, but not on your personal return. They are deductible against any income earned by the estate, which should have its...

I agree with Mr. Boykin. People threaten to sue other people all of the time. Many times there are valid claims and many times there are not....

WHat percentage of unprotected assets do CH 7 trustees take in a liquidation? WHat is the minimum ch7 trustee might settle for?

Your question should be in the Bankruptcy practice area and not the trust area. I will change it for you.

Married 34 years, Husband gets a siZable TRUST, Wants A Divorce, Can I receive any compensations.

In Illinois and I every other state that I am aware of, inherited property is considered to be "non-marital" property and is not subject to...