Small Estates Can Hit $100,000

Illinois changed the law recently to allow $100,000.00 to pass to heirs without a probate estate being opened. The limit was $50,000.00 for years.

The $100,000.00 applies only to personal property (not real estate). An attorney can draft a small estate affidavit and the deceased’s will is followed without the expense of a probate estate. This is very good news for heirs of small estates. The law has the small estate affidavit form in it. 

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