Probate is the formal legal process that administers the assets of a deceased person. The process is supervised by the probate court. Probate litigation in Illinois occurs when interested parties file lawsuits in the probate court seeking to address an issue in the probate process. What is Probate Litigation? Litigation is the process of resolving […]
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The question of how long probate takes in Illinois depends on the circumstances of the deceased person’s estate. Probate in Illinois can last less than a year, but it could also take several years or longer. How long probate takes will depend on factors such as the value and nature of the estate’s assets, the
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When a person dies, if they have assets, they will need to be distributed. Probate is necessary when a person’s assets are titled in such a way or are a certain amount, that a court needs to appoint an estate representative to collect and distribute them, under the court’s supervision. Probate may also be necessary
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A Guide To Special Needs Trusts Why Create a Special Needs Trust? A Special Needs Trust can be an important tool for a disabled individual who is, or may become eligible, for Supplemental Security Income or Medicaid but has excess assets preventing eligibility. Supplemental Security Income (SSI) is the Social Security program that grants income
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