Illinois SB2704 amends the Small Estates Article of the Probate Act of 1975 to allow for the distribution of a decedent's estate without court.
Illinois SB2704 modifies the Small Estates Article of the Probate Act of 1975 to facilitate the distribution of a decedent's estate without court involvement, provided the estate's value does not exceed $150,000 excluding certain motor vehicles. The bill allows for the use of a small estate affidavit to transfer personal property if no letters of office are outstanding and all known debts are listed. The affidavit can be used to transfer motor vehicles registered with the Secretary of State without considering the estate's value if the affidavit is being used solely for a title transaction.
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