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 IR 016  Affidavit for Release of Estates under $20,000 2011

2011-2025 Form

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a small estate affidavit is one mechanism to be able to administer someone's estate uh without having to go through the probate process it is only usable if the assets the total assets that otherwise would have been having to go to the probate court process are less than a hundred thousand dollars um so you total everything up you don't include accounts that have named beneficiaries you don't include life insurance you don't include the retirement accounts anything that would just have to be governed by the the probate process like the bank accounts that don't have a transfer in debts or the vehicle that's owned only in their name if all of that is under a hundred thousand dollars and there isn't any real estate you can use the illinois small estate affidavit there's actually a form available online or you can talk to an attorney who would be glad to help you put that together and you can to avoid the court process altoget

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