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How to fill out illinois small estate affidavit

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How to fill out illinois small estate affidavit

01
Obtain the Illinois Small Estate Affidavit form. You can usually find this form on the website of the Illinois Probate Court or at the local courthouse.
02
Gather the necessary information. You will need the name and address of the deceased person, a description of their assets and debts, and the names and addresses of their heirs.
03
Complete the form. Fill in all required fields, including the decedent's personal information, details of their assets and debts, and information about the heirs. Be sure to follow the instructions on the form carefully.
04
Sign the affidavit. The form must be signed by all heirs listed and notarized. Each heir may need to provide a valid identification.
05
File the affidavit. Take the completed and notarized affidavit to the appropriate Probate Court or courthouse. Pay any filing fees that may be required.
06
Notify creditors and third parties. It is recommended to send a copy of the affidavit to creditors and other relevant parties to inform them of the estate's status.
07
Obtain the Small Estate Affidavit Order. Once the affidavit is filed, the court will review the document and issue a Small Estate Affidavit Order, which confirms the validity of the affidavit.
08
Distribute the assets. With the Small Estate Affidavit Order, you can collect and distribute the assets of the estate to the rightful heirs.

Who needs illinois small estate affidavit?

01
The Illinois Small Estate Affidavit is typically used by individuals who are handling the estate of a deceased person with a small estate. A small estate is one with a total value of assets worth $100,000 or less, excluding the value of any real estate property.
02
By using the small estate affidavit, the heirs can efficiently transfer the assets without going through the formal probate process, which can be time-consuming and expensive.
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