(755 ILCS 25/0.01) (from Ch. 110 1/2, par. 600)
Sec. 0.01.
Short title.
This Act may be cited as the
Lifetime Transfer of Property Act.
(Source: P.A. 86-1324.)
(755 ILCS 25/1) (from Ch. 110 1/2, par. 601)
Sec. 1.
An otherwise valid transfer of property, in trust or otherwise,
by a decedent during his or her lifetime, shall not, in the absence of an
intent to defraud, be invalid, in whole or in part, on the ground that it
is illusory because the decedent retained any power or right with respect
to the property.
(Source: P.A. 80-737.)
(755 ILCS 25/2) (from Ch. 110 1/2, par. 602)
Sec. 2.
This Act takes effect upon becoming a law and applies to savings
account trusts established on or after its effective date, and as to all
other transfers this Act is declaratory of existing law.
(Source: P.A. 80-737.)
Structure Illinois Compiled Statutes
755 ILCS 5/ - Probate Act of 1975.
755 ILCS 6/ - Electronic Wills and Remote Witnesses Act.
755 ILCS 8/ - Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act.
755 ILCS 9/ - Supported Decision-Making Agreement Act.
755 ILCS 10/ - Uniform International Wills Act.
755 ILCS 15/ - Safety Deposit Box Opening Act.
755 ILCS 25/ - Lifetime Transfer of Property Act.
755 ILCS 27/ - Real Property Transfer on Death Instrument Act.
755 ILCS 30/ - Third Party Beneficiary Contract Act.
755 ILCS 35/ - Illinois Living Will Act.
755 ILCS 40/ - Health Care Surrogate Act.
755 ILCS 43/ - Mental Health Treatment Preference Declaration Act.
755 ILCS 45/ - Illinois Power of Attorney Act.
755 ILCS 50/ - Illinois Anatomical Gift Act.
755 ILCS 65/ - Disposition of Remains Act.
755 ILCS 66/ - Disposition of Remains of the Indigent Act.
755 ILCS 70/ - Revised Uniform Fiduciary Access to Digital Assets Act (2015).