Illinois Statutes
§ 407 — Evidence of oral trust
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
Except as required by a statute other than this Code, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.
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Legislative History
(Source: P.A. 101-48, eff. 1-1-20 .)