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How to fill out the Illinois Estate online
Filling out the Illinois Estate form can seem daunting, but with clear instructions, it becomes manageable. This guide provides a step-by-step approach to ensure you complete the form accurately and efficiently.
Follow the steps to effectively complete the Illinois Estate form online.
- Press the ‘Get Form’ button to obtain the Illinois Estate form and open it for editing.
- Begin filling out Section 1 with your information. Enter your name as the affiant, and provide your post office address and residence address. If you are an out-of-state resident, include your agent for service of process in Illinois.
- In Section 2, write the decedent’s name and date of death. Ensure you attach a copy of the death certificate if not already submitted.
- Section 4 requires you to enter the place of residence of the decedent immediately before death.
- Confirm in Section 5 that no Letters of Office are outstanding on the decedent’s estate and note if any petitions are pending.
- In Section 6, state that the gross value of the decedent’s personal estate does not exceed $100,000. List each asset along with its fair market value.
- In Section 7, indicate whether all funeral expenses and debts have been paid or list the known unpaid debts, categorizing them as needed.
- Complete Section 9 by listing the names and residences of the surviving spouse and any minor or adult dependent children.
- Decide whether to mark Section 10a (no will) or 10b (a will exists), providing the relevant details for heirs or legatees.
- In Section 11, specify how the remaining property should be distributed after all debts are paid. Include specific sums or properties.
- After completing all sections, sign the affidavit, providing your daytime telephone number and the date. Have a notary public sign and date the affidavit as well.
- Lastly, you may save changes, download, print, or share your completed form.
Start filling out your Illinois Estate documentation online today to ensure a smooth and compliant process.
Generally, there will be an estate tax exemption, where estates under a certain set amount will not be subject to a tax. As of 2021, at the federal level the exemption is set at 11.7 million dollars. Any value beyond that number is taxed at a rate of 40 percent. In Illinois, the exemption level is 4 million dollars.
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