An Illinois Small Estate Affidavit is a sworn statement made by a family member or other interested party that is used to settle an estate when the deceased's assets do not exceed a certain threshold. This affidavit is used in lieu of probate proceedings if the estate is below the statutory limit and the decedent's will, if any, does not direct otherwise. There are two types of Illinois Small Estate Affidavits: the Small Estate Affidavit of Collection and the Small Estate Affidavit of Distribution. The Small Estate Affidavit of Collection is used to collect assets from financial institutions and other entities to pay funeral expenses and to settle debts of the deceased. The Small Estate Affidavit of Distribution is used to distribute assets of the estate to the lawful heirs of the deceased, without the need for probate. Both documents must be signed by the affine and notarized in order to be valid.