Illinois Compiled Statutes 735 ILCS 5/13-223 – Inter vivos trusts
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Terms Used In Illinois Compiled Statutes 735 ILCS 5/13-223
- Inter vivos: Transfer of property from one living person to another living person.
- Legacy: A gift of property made by will.
- Probate: Proving a will
An action to set aside or contest the validity of a revocable inter vivos trust agreement or declaration of trust to which a legacy is provided by the settlor’s will which is admitted to probate, shall be commenced within and not after the time to contest the validity of a will as provided in the Probate Act of 1975 as amended.