Will for Single Individual: Separate Share Trusts for Children (IL) | Practical Law

Will for Single Individual: Separate Share Trusts for Children (IL) | Practical Law

A will for an unmarried individual who has children and resides in Illinois. This will provides for a distribution of the estate in separate equal shares to the testator's surviving children or more remote descendants. The share of any beneficiary who has reached a certain age is distributed outright to that beneficiary, and the share of any beneficiary who has not reached that age is held in a separate share trust for that beneficiary. This Standard Document has integrated notes with important explanations and drafting tips.

Will for Single Individual: Separate Share Trusts for Children (IL)

Practical Law Standard Document w-002-5292 (Approx. 80 pages)

Will for Single Individual: Separate Share Trusts for Children (IL)

by Practical Law Trusts & Estates
MaintainedIllinois
A will for an unmarried individual who has children and resides in Illinois. This will provides for a distribution of the estate in separate equal shares to the testator's surviving children or more remote descendants. The share of any beneficiary who has reached a certain age is distributed outright to that beneficiary, and the share of any beneficiary who has not reached that age is held in a separate share trust for that beneficiary. This Standard Document has integrated notes with important explanations and drafting tips.