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Saul Ewing Arnstein & Lehr LLP | USA | 11 Jan 2011

Tenancy by the entirety protection now available to revocable trusts of spouses

Effective January 1, the Illinois Joint Tenancy Act has been amended to permit revocable inter vivos trusts created by a husband and wife to hold title to the couple's homestead property as tenants by the entirety.

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