Illinois Statutes
§ 403 — Trusts created in other jurisdictions
Illinois·Topic RIGHTS AND REMEDIES·Ch. 760 TRUSTS AND FIDUCIARIES·Act 760 ILCS 3/ Illinois Trust Code.·Art. Article 4 - Creation, Validity, Modification, and Termination of Trust
A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed, or the law of the jurisdiction in which, at the time of creation:
(1)the person creating the trust was domiciled, had a place of abode, or was a national;
(2)a trustee was domiciled or had a place of business; or (3) any trust property was located.
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Legislative History
(Source: P.A. 101-48, eff. 1-1-20; 102-279, eff. 1-1-22 .)