In this article, we explain alternatives to probate in Illinois. We explain Illinois Small Estate Affidavits, summary administration of Illinois estates, and using a Bond in Lieu of Probate to administer an estate. We also answer the questions: “what is probate?”, “when is probate required in Illinois?”
In this article we will explain how an executor of an Illinois probate estate should handle real estate assets of the deceased.
For more on administration of Illinois estates generally, check out our article: How to Administer an Estate in
Probate is a court case that oversees the process of collecting and disbursing the assets of an individual’s estate once he or she has passed away. If the deceased (known from here on as the decedent) had a valid will and named someone to manage his or her estate, the court will appoint this person as executor of the estate, as long as he or she is fit to take on the role. If the decedent did not have a will, the court will appoint an administrator to fulfill the responsibilities of an executor until the case comes to an end.
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