Posted by Bud Branstetter on November 08, 2000 at 17:49:15:
The land trust is an intervivos title holding trust. The trustee is the one holding the title. By assigning the interest the trust is not void or compromised in any way. In a will the wife could be named as beneficiary and avoid probate because the real property is now personal property. Personal property does not normally need to go through the probate proccess for a change of ownership. An appropriate beneficiary would be the living trust of the individual and it would define how the interest be devided.