Bill Status of SB 3212   103rd General Assembly

Short Description:  ESTATES-SMALL ESTATES

Senate Sponsors
Sen. Javier L. Cervantes

Last Action  View All Actions

DateChamber Action
  2/6/2024SenateReferred to Assignments

Statutes Amended In Order of Appearance
755 ILCS 5/Art. XXVA heading new
755 ILCS 5/25a-1 new

Synopsis As Introduced
Amends the Probate Act of 1975. Creates a Small Estate Affidavit to transfer real property if the fair market value does not exceed $350,000. Requires notice to interested persons as defined by the Act and any personal representatives of the decedent. Exempts property was owned by the decedent in joint tenancy, tenancy by the entirety, in which the decedent had a life other interest terminable upon the decedent's death, or was governed by a transfer on death instrument as authorized by Illinois law.

Actions 
DateChamber Action
  2/6/2024SenateFiled with Secretary by Sen. Javier L. Cervantes
  2/6/2024SenateFirst Reading
  2/6/2024SenateReferred to Assignments

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