QUESTION

Can a property in one state be handled by an attorney in another state?

Asked on Jun 17th, 2014 on Estate Planning - Illinois
More details to this question:
My son wants to set up a trust with his brothers.
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1 ANSWER

Commercial Attorney serving Chicago, IL at Ashcraft & Ashcraft, Ltd.
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A trust set up in one state can own property located in another state. The trustee can deal with the property in the same manner that an individual can own and deal with property located in another state.
Answered on Jun 23rd, 2014 at 9:21 PM

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