Small Estate Affidavits

Illinois Small Estate Affidavit Lawyer

If your loved one passed away without a will and minimal assets, you may be able to use a small estate affidavit to speed up the transfer of property. To learn if the estate can be managed in this way, contact Bott & Associates, Ltd. Our Illinois small estate affidavit lawyer may be able to save your family time and money by leveraging this inheritance statute. Let our team review the estate and determine if you are eligible to proceed with a small estate affidavit under Illinois law.

Small Estate Affidavit Attorney Serving Illinois

A small estate affidavit can be filed in specific situations when the deceased did not own significant assets and the intended heir wants to avoid formal probate procedures. These forms aid the transference of personal property, like vehicles or bank accounts. Real estate holdings are not eligible for small estate affidavits.

Avoiding probate is ideal for many beneficiaries because it means they can access their loved one’s property faster. However, there are several conditions that need to be met to proceed with this form of inheritance. First, the estate cannot already be in probate, and there cannot be a will. Additionally, the estate must be small and not include assets like homes or other complex holdings. Our Illinois small estate affidavit lawyer can review your situation and determine whether or not you are eligible to file as an heir.

If our estate attorney believes a small estate affidavit is the best course of action, we will help you through the process. First, we gather required documentation like the death certificate and proof of assets. Then, our lawyer can complete the state-mandated form, get signatures from all heirs, and have it notarized. Finally, our attorney will use the affidavit to recover the assets from the bank so that beneficiaries can claim them.

Why Experience Matters in Small Estate Affidavit Cases

In the state of Illinois, small estate affidavits can be authorized if the deceased’s estate is less than $100,000 and does not include real estate. While it is a faster and more cost-effective way to distribute inherited assets, there are several legal components that can complicate the process. That is why it is essential to work with our Illinois estate attorney who has the experience and knowledge to make sure all beneficiaries are properly compensated and all legalities are met.

Clients choose our firm because we make estate planning accessible to everyone. We bring skills, knowledge, and experience to estate administration. Our founding attorney, Maritess Bott, has:

• Over 20 years of experience practicing estate law
• Membership in the exclusive American Academy of Estate Planning Attorneys
• Notoriety as a thought leader in estate law
• A deep commitment to providing families and individuals with peace of mind through personalized estate planning solutions

We understand how devastating it is to lose a loved one and how emotionally taxing it is when they pass away without leaving instructions for their family. If you don’t know where to start with a small estate affidavit, Bott & Associates, Ltd. can help. Our attorneys know the law and will guide you with confidence. Learn what your options are to avoid probate and expedite the distribution of property to beneficiaries by meeting with our Illinois small estate affidavit lawyer today. We offer consultations and are standing by to take your call.