Small estate affidavit illinois instructions

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The Illinois Small Estate Affidavit allows the heirs and legatees of a modest estate to avoid the cost and inconvenience of probate. Collect information. To fill out a small estate affidavit, you will need a list of any unpaid debts owed by the decedent. Fill out the small estate affidavit form. The next step in using a small estate affidavit is to fill out the form. Sign and copy the small estate affidavit form. Use the small estate affidavit. 1 Jan 2015 (a) My post office address is: (b) My residence address is: ; and. (c) I understand that if I am an out-of-state resident I submit myself to the jurisdiction of Illinois courts for all matters related to the preparation and use of this affidavit. My agent for service of process in Illinois is: NAME: ADDRESS: CITY:. In particular, if an Illinois estate qualifies as a “small estate”, the probate court process can oftentimes be avoided entirely through the use of an Illinois Small Estate Affidavit. So what exactly is an Illinois Small Estate Affidavit, and when is it appropriate to use? Let's take a closer look. The Small Estate Affidavit in Illinois. A small estate affidavit is used in Cook County, Illinois to settle an estate whose total value is less than $100000. The affidavit is made under penalty of perjury. If any disputes or claims are expected against the estate, a small estate affidavit cannot be used. A small estate affidavit is used to avoid a probate proceeding and Illinois Summary: Under Illinois statute, where as estate is valued at less than $100,000, an interested party may issue a small estate affidavit to collect any debts owed to the decedent. Illinois Requirements: Illinois requirements are set forth in the statutes below. 755ILCS 5/25-1 PROBATE ACT OF 1975. ARTICLE XXV. The small estate affidavit. §25-1 of the Probate Act sets out the form for the small estate affidavit. While much of the information is basic and factual, there are some particular issues. Paragraph 9 states the surviving spouse and dependent child awards. The minimums are easy to determine from the statute. What if more than A small estate affidavit can be used whether or not the decedent had a will. But it can't be used if the estate goes to probate court. If there is a will, the person who is named the executor of the estate can use the small estate affidavit. An executor is the person in charge of giving out the property left in a will. Small estate affidavit. sms-icon. 0. No votes yet. This program will help you prepare your documents. It will ask you questions and you will enter your answers. At the end of the program, you will get a completed set of court forms with instructions that you can save and print. Form completion time: 20 minutes to 40 minutes.