The Illinois small estate affidavit allows some heirs to process smaller estates without probate, but any estate in which probate assets exceed $100,000.00 must go through the formal probate process. The probate process can be long, costly, and challenging, so it is not uncommon for many people to want to do everything they can to avoid having to deal with probate.
The good news for most people is that Illinois allows a number of ways for people to avoid probate by the way they transfer assets to their heirs. When people do not designate beneficiaries on their insurance policies, pensions, or retirement plans, then the assets have to be distributed according to state intestacy laws.
Ways to Avoid Probate in Illinois
People who want to help their family members avoid probate can take the following steps:...