To own property you must be an adult. That means 18 years old in most places.
You have to be 18 to have any real assets to your name.
You must be the age of majority to hold real property. In illinois that is 18 years old.
Car repo is covered by its own law. So No
In Illinois, there is no specific age requirement for a child to have their own room. However, it is generally recommended that children have their own room once they reach school age to ensure their privacy and comfort.
They can attach anything you own anywhere.
A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.
The state's legal age of majority is 18. For ages 16-17 you must get an emancipation order from the court which may be limited to specific areas.
A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.
{| |- | The age of majority in Illinois is 18. At that point the individual can contract and handle there own affairs. That would be the point that the trust would end. |}
No. Property can be held in trust for the minor until they reach the age of majority.
Yes, but you cannot own property without being emancipated.
In most places, children cannot legally own property on their own. They usually need an adult, like a parent or guardian, to manage the property for them until they reach a certain age.