Arlington Heights, IL asked in Probate for Illinois

Q: My mother, who died in 2013, had a trust. My sister is the executor of the trust. My sister has not closed the estate

Can u continue to keep investments and annuities open after the persons death? The estate is still paying taxes on her investments and she is dead almost 5 years. Trust states estate to be finalized within one year of death

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1 Lawyer Answer
Ray Choudhry
Ray Choudhry
Answered
  • Probate Lawyer
  • Moline, IL
  • Licensed in Illinois

A: Trusts and Probate Estates are two different things.

In a trust, there is a trustee who carries out the provisions of the trust. If you don't have a copy, you need to get one to see if she is carrying out the provisions of the trust.

If the deceased had assets which were not in the trust, then probate is used to dispose of them.

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