Legal Question in Wills and Trusts in Illinois
Minimum estate amount
What is the minimum value of a deceased persons' holdings requiring the executor to open it as an estate and have to go thru probate proceedings in the state of Illinois?
Asked on 9/21/99, 9:23 pm
1 Answer from Attorneys
Matthew Bernstein
Law Office of Chicago Kent College of Law
Re: Minimum estate amount
Estates under $50,000 can be disposed of through a "small estate affidavit" filed with the court.
Answered on 9/22/99, 10:29 pm
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