Health & Fitness
An Overview of the Illinois Probate Claims Process
The probate process in Illinois acts as a method of legally putting to rest the affairs of a deceased person. One of the most important parts of the process is the ability to file a probate claim.
The claims process begins shortly after a person’s death. If the person has more than $100,000 in assets their family will have to open the probate process. The law requires executors to publish a notice of probate in an appropriate newspaper to alert any potential creditors to the process. Once the executor and the courts determine which claims are valid, they rely on the Illinois Probate Act of 1975 to determine what order the debts should be paid in. The Act divides claims into seven different classes, and pays them out in order.
Read the entire Blog on our website; http://www.dgaalaw.com/dgaablawg/an-overview-of-the-illinois-probate-claims-process
If you need help navigating the probate process, contact an Illinois Estate Planning Attorney today.