Illinois § 815 General powers of trustee

Illinois Statutes

§ 815 — General powers of trustee

Illinois § 815

JurisdictionIllinois

TopicRIGHTS AND REMEDIES

Ch. 760TRUSTS AND FIDUCIARIES

Act 760 ILCS 3/Illinois Trust Code.

Art.Article 8 - Duties and Powers of Trustee

This text of Illinois § 815 (General powers of trustee) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

760 Ill. Comp. Stat. 815 (2026).

Text

(a)A trustee, without authorization by the court, may exercise:

(1)powers conferred by the trust instrument; or (2) except as limited by the trust instrument:

(A)all powers over the trust property that an unmarried owner with legal capacity has over individually owned property;

(B)any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (C) any other powers conferred by this Code.

(b)The exercise of a power is subject to the fiduciary duties prescribed by this Code.

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(a) A trustee, without authorization by the court, may exercise: (1) powers conferred by the trust instrument; or (2) except as limited by the trust instrument: (A) all powers over the trust property that an unmarried owner with legal capacity has over individually owned property; (B) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (C) any other powers conferred by this Code. (b) The exercise of a power is subject to the fiduciary duties prescribed by this Code.