Small Estate Affidavit Analysis
Small Estate Affidavit
Small Estate Affidavit is a legal document that defines the distribution of assets and states of a deceased person. Filing the affidavit is necessary when the descendent dies on or after 9/4/1991. You can appoint an agent for service of process in Illinois or the Clerk of the Circuit Court acts as an agent for service of process. Attach a copy of the death certificate along with the affidavit. The Section 32.2 of the Criminal Code Of 1961 has provisions for penalties for fraudulent statements made using the Small Estate Affidavit. Specify the distribution of the property/assets in section 11 as needed. Section 6 of Small Estate Affidavit requires the input of the description of the descendant’s property/asset in detail. …show more content…
Continue by typing the date of the death in section 3.
Section 4 requires the input of the address of the descendant when he/she passed away. This needs to be the immediate address at the death.
Section 6 holds immense importance in the Small Estate Affidavit as it seeks information about gross value of the entire personal estate of the deceased person. Include the description of other properties/assets passed to any other party under a will or intestacy. Use a separate line to list the details of each asset/ property.
Select choice A, if the funeral expenses of the deceased person are fully paid and no outstanding dues are there. Alternately, select choice B and fill in the details of the name, post office address, and amount of liability of funeral expenses for each accountable person in the following spaces. Use a separate line for each person’s details.
Section 9 subsection A requires the input of the name and relationship followed by the place of residence and age in case of minor child/ren that are surviving spouse, adult dependent child/ren and minor child/ren of the descendant. Compute the award allowable as per the directives in subsection B of section 9 and enter the amount in US dollar in the space provided for the same. Enter the amount of award allowable as per the guidelines of computation in case there is no surviving spouse in subsection
Small Estate Affidavit is a legal document that defines the distribution of assets and states of a deceased person. Filing the affidavit is necessary when the descendent dies on or after 9/4/1991. You can appoint an agent for service of process in Illinois or the Clerk of the Circuit Court acts as an agent for service of process. Attach a copy of the death certificate along with the affidavit. The Section 32.2 of the Criminal Code Of 1961 has provisions for penalties for fraudulent statements made using the Small Estate Affidavit. Specify the distribution of the property/assets in section 11 as needed. Section 6 of Small Estate Affidavit requires the input of the description of the descendant’s property/asset in detail. …show more content…
Continue by typing the date of the death in section 3.
Section 4 requires the input of the address of the descendant when he/she passed away. This needs to be the immediate address at the death.
Section 6 holds immense importance in the Small Estate Affidavit as it seeks information about gross value of the entire personal estate of the deceased person. Include the description of other properties/assets passed to any other party under a will or intestacy. Use a separate line to list the details of each asset/ property.
Select choice A, if the funeral expenses of the deceased person are fully paid and no outstanding dues are there. Alternately, select choice B and fill in the details of the name, post office address, and amount of liability of funeral expenses for each accountable person in the following spaces. Use a separate line for each person’s details.
Section 9 subsection A requires the input of the name and relationship followed by the place of residence and age in case of minor child/ren that are surviving spouse, adult dependent child/ren and minor child/ren of the descendant. Compute the award allowable as per the directives in subsection B of section 9 and enter the amount in US dollar in the space provided for the same. Enter the amount of award allowable as per the guidelines of computation in case there is no surviving spouse in subsection