What is small estate affidavit il?
A small estate affidavit il is a legal document that allows for the simplified transfer of property to heirs when the estate is valued at a certain amount.
What are the types of small estate affidavit il?
There are two types of small estate affidavit il, namely: small estate affidavit for real estate and small estate affidavit for personal property. The former is used when the estate consists of real estate property, while the latter is used for personal property such as bank accounts, vehicles, and other tangible assets.
How to complete small estate affidavit il
Completing a small estate affidavit il can be done in a few simple steps:
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