Legal Question in Wills and Trusts in Illinois

probate

what does the legal term: I acknowledge that I am bound to the People of the State of Illinois to the faithful discharge of those duties in an amount equal to double the value from time to time of the personal estate mean?


Asked on 6/02/07, 4:30 pm

1 Answer from Attorneys
Joseph Michelotti Michelotti & Associates, Ltd.

Re: probate

If you act badly as executor, then you will be liable to the state of Illinois for your mistakes, errors or intentional bad conduct

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Answered on 6/03/07, 10:29 pm


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