Illinois Probate Procedure
Estates worth $100,000 or less can bypass the Illinois probate system completely. The successor, spouse, or adult-aged child of the decedent should file a Small Estate Affidavitrequesting that the assets be released to the beneficiary without formal Illinois probate proceedings. While the Illinois Small Estate procedure has its benefits, it can be complicated if there are conflicts or incomplete information concerning the decedent’s intentions and/or estate.
Estates worth over $100,000 must default to the formal probate process, in which an executor is named to represent the estate, pay debts, notify potential heirs, and contact creditors. Formal estates stay open for at least 6 months, so it is advisable to try to avoid formal probate if you wish to see the assets distributed in a timelier manner.
You may need to hire an experienced Illinois probate attorneyif there are conflicts or questions about the estate or if formal probate processes are required.
For more information, check out our article on the Basics of Illinois Probate