Illinois Probate for Estates
The loss of a loved one is a devastating experience, and these situations can become even more emotional when probate is involved. Probate is the legal process that takes place after an individual has died, where the will of the deceased is validated by the court and their assets are distributed accordingly. If the deceased did not leave a last will and testament, an impartial third party is appointed to disperse the assets of the estate amongst the surviving legal heirs.
How Much Does Probate Cost in Illinois?
Under Illinois Law, any estate with a total value of assets exceeding $100,000 must go through the probate process. The average cost of probate in Illinois is around $12,500. However, settling a simple estate without disputes can cost between $4,000 – $6,000. Although the cost varies depending on several factors, including:
- Size of the Estate/Total Assets
- If the Deceased Left a Will
- If Someone Contests the Will
- Attorney Costs
- How Long Does the Probate Case Last
Other estate variables can increase the fees and costs surrounding probate in Illinois, such as real estate transactions connected to the estate, tax issues, or investment accounts.
Experienced Probate Attorneys
Probate can be a long and complicated process that is best managed by a qualified probate lawyer. At The Crosby Law Firm, our experienced estate planning and probate attorneys in Rockford, IL, will tackle all of the legalities of the probate process while you and your family members take time to grieve for your loved one.
To request a free case evaluation, please call our office at (815) 332-0281 or fill out our convenient online form today.
