Legal Question in Wills and Trusts in Illinois
Can you do a small estate affidavit through the state of Illinois for two vechicles of deceased and a bond in Lieu of probate for the property?
Vechiles worth $22,000.00 and property about $125,000.00
Asked on 3/18/11, 1:53 pm
1 Answer from Attorneys
Steve Raminiak
Law Offices of Steve Raminiak, P.C.
It depends on a variety of factors. The Illinois threshold for use of a Small Estate Affidavit is $100,000. However, your circumstances may still allow you to avoid probate and use the Small Estate Affidavit for only some of the assets.
Feel free to call me to discuss this further. I won't charge for a phone call that walks you through this.
Answered on 3/19/11, 10:42 am