How to Avoid Probate in Illinois (Legally)
Probate is a court-supervised legal process that occurs after someone passes away, designed to distribute their assets to heirs or beneficiaries, settle debts, and resolve any claims against the estate. In Illinois, probate can be time-consuming, costly, and emotionally draining for families, often taking months or even years to complete. Fortunately, with proper estate planning, […]
Probate vs. Non-Probate Assets: What You Need to Know
When someone passes away, their estate needs to be settled, and this process involves distributing their assets to their beneficiaries or heirs. However, not all assets are treated the same way. There are two major categories of assets in estate planning: probate assets and non-probate assets. Understanding the differences between these two categories is essential […]
What Happens to an Estate After Someone Passes in Illinois?
When someone passes away, the future of their estate-including their property, finances, and belongings-must be handled according to their wishes and in compliance with state laws. In Illinois, the process of managing and distributing an estate is governed by both the decedent’s will (if one exists) and the state’s laws. The procedures involved can be […]