Top Distributions Simplified

Possible Scenarios After a Passing

If there is a surviving spouse and children: ½ to the surviving spouse and ½ to any children, divided equally.  

No surviving spouse but children: entire estate will go to the children equally. If no surviving spouse or children, but a parent or sibling, or child of a  sibling, the entire estate will be divided equally amongst them.

If no surviving spouse, child, parent, sibling or child of a sibling, but a grandparent or descendent of a grandparent:½ of the entire estate to maternal side and ½ to paternal side1.

If there is a surviving spouse and children: ½ to the surviving spouse and ½ to any children, divided equally. 

No surviving spouse but children: entire estate will go to the children equally.

If no surviving spouse or children, but a parent or sibling, or child of a
sibling: the entire estate will be divided equally amongst them.

If no surviving spouse, child, parent, sibling or child of a sibling, but a grandparent or descendent of a grandparent: ½ of the entire estate to maternal side and ½ to paternal side.

8 Steps to the Probate Process

When a family member passes, there are many things you will need to do. Probate can be overwhelming and confusing, especially during a time of grief. Below are the 8 steps of the probate process in Illinois. 

1. File Petition for Probate
2. Serve Notice to all your Heirs and Legatees from the Will (allowing
them to contest your will/executor’s petition)
3. File Affidavits, Bonds, Proposed Orders
4. Probate Estate Opened
5. File & Publish Notice to Unknown Heirs and Creditors
6. Conduct Accounting & File Inventory
7. File Final Petition
8. Distribute Assets to Beneficiary and Close Probate

Do you have questions about the probate process?  Contact Park Gold Group to get the answers you need. We can help ease your mind, and provide assistance with your probate case in Illinois. 

Tags : Probate Law, Estate Law, Estate Planning, Probate Process,
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