Legal Question in Wills and Trusts in Illinois
family trust question
If a stock certificate is listed under Joe Smith & Mary Smith Trustees UA: the Smith Family Trust. Mr. Smith is deceased. Does Mrs. Smith have the right to sign and sell the stock without providing a death certificate for Mr. Smith?
Asked on 8/23/07, 10:59 am
1 Answer from Attorneys
Re: family trust question
The answer to your question is probably contained in the Smith Family Trust document. It should say what happens if one of the trustees is unable to act.
Good luck to you.
Answered on 8/26/07, 1:29 pm
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