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Illinois Estate Planning Questions & Answers
1 Answer | Asked in Estate Planning for Illinois on
Q: If my grandpa bequeathed his residuary estate to "the trustee of that certain trust...", does trustee get the gift?

...he then stated the name of the trust as in effect at his death of which he was trustee and of which ......is named as successor trustee. The trustee is his granddaughter btw

Ray Choudhry
Ray Choudhry
answered on May 18, 2017

He left the residuary estate to the trust. The trustee is the caretaker.

The trust spells out who gets what.

If you are mentioned in the trust or are an heir, you are entitled to get a copy of the trust.

2 Answers | Asked in Estate Planning for Illinois on
Q: What is a living trust and how is it different from a will?
Ray Choudhry
Ray Choudhry
answered on May 16, 2017

Will - Assets stay in your name and at death distributed as spelled out in the will.

Living Trust - Assets transferred to trust and at death distributed as spelled out in the trust.

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2 Answers | Asked in Estate Planning for Illinois on
Q: My father died recently. He has a life insurance policy that is 520,000. What do I need for an estate

My father died recently. He has a life insurance policy of about 520,000 with my siblings and me as beneficiary. He has a car loan, house loan, and several other credit debts that total to about 100,000. I live in the house and would like to buy my siblings out of it. However there is no will or... View More

Ray Choudhry
Ray Choudhry
answered on May 2, 2017

Life insurance is paid to beneficiaries and is not part of his estate.

If what he has is worth more than what he owes, then one of you can open an estate and you can buy the house from the estate.

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2 Answers | Asked in Estate Planning for Illinois on
Q: Collecting unclaimed property from state of Illinois

My mother moved 20 years ago to live with my brother. She passed away 3 years ago and has stock & dividends held by state of Illinois. We need to show proof she lived in IL which we don't have. We are her only heirs - IL says death certificate will not suffice. They need proof she lived... View More

Dennis Delman
Dennis Delman
answered on Apr 29, 2017

you need to find any old statements,credit cards, utility bills,drivers license,identification card..and the like. you can also prepare and file a small estates affidavit with the state

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1 Answer | Asked in Estate Planning for Illinois on
Q: My ex-husband just died in GA. He had a will from when we were married and never made another one. Is it still valid?
Ray Choudhry
Ray Choudhry
answered on Apr 26, 2017

In Illinois the will would be valid but you would be left out and treated as though you predeceased him.

1 Answer | Asked in Estate Planning, Probate and Real Estate Law for Illinois on
Q: if my mom passed away and the land trust is in my name does it have to be re-titled in to all my siblings names?

I've been in the home with my mom for 23 years and took care of my bedridden mom for the last 5 years. Now that she died, the day after the funeral my siblings came over and want me out to sell the house and want the land trust put in their names too and not just mine. They originally said... View More

Ray Choudhry
Ray Choudhry
answered on Apr 26, 2017

Land trust has a trustee and one or more beneficiaries.

What does the trust say as to who is the beneficiary.

It it's you, then you own the house and the siblings have nothing to do with it.

If the house has to be probated, you have a claim for taking care of your...
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1 Answer | Asked in Estate Planning for Illinois on
Q: I created my own will and poa and had it notarized. I gave all my children copies. Will this be valid when I die?
Ray Choudhry
Ray Choudhry
answered on Apr 26, 2017

If the will wasn't witnessed by two witnesses who were present when you signed and they signed as witnesses, it's not worth the paper it's written on.

The notary doesn't count to determine whether there is a valid will.

The powers of attorney have their own wrinkles.

1 Answer | Asked in Family Law, Elder Law and Estate Planning for Illinois on
Q: How do I have my brother removed as power of attorney over our mother? How do I get guardianship?
Ray Choudhry
Ray Choudhry
answered on Apr 26, 2017

If the power of attorney was properly prepared, then the only way to remove the agent (your brother) is to show

that he has violated his duty of care by failing to act in the best interests of the principal (your mother).

This might involve financial abuse or medical abuse.

1 Answer | Asked in Estate Planning for Illinois on
Q: Can I find out if any inheritance belongs to me?

I am not a citizen of the USA. My father was a citizen of the USA. 20 years passed after my father's death in the USA. How can I find out if any inheritance belongs to me?

Ray Choudhry
Ray Choudhry
answered on Apr 26, 2017

A good place to start is the Clerk of Circuit Court of the county in which he was a resident or owned real estate.

They will tell you if his estate was probated. If it was, you can get copies of all the records.

1 Answer | Asked in Estate Planning for Illinois on
Q: Is it true that you can draw up an advance directive that specifically addresses mental health?
Ray Choudhry
Ray Choudhry
answered on Apr 26, 2017

Yes.

http://midamericalawoffice.com/mental-health/

1 Answer | Asked in Estate Planning for Illinois on
Q: I have had property for sale and have buyers for said properties, awaiting soil samples. These properties have had a

lien on them since late husband's death in 2011. I am the Executor of the Estate. My new husband and have jeopardized our own IRA's, savings, personal assets etc., not to mention penalties now owed to IRS to continue to maintain and pay all taxes, insurance, upkeep etc as my... View More

Ray Choudhry
Ray Choudhry
answered on Apr 26, 2017

Husband dies. Properties are in his name. You get appointed to administer his estate.

So far, so good.

You spent your money to try to get more out of the real estate.

If there was no will, you as widow get at least one-half plus widows award.

If you spent money to...
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1 Answer | Asked in Estate Planning for Illinois on
Q: How can I get a copy of a recently deceased family member's will?
Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

After a person dies, anyone in possession of an original will must lodge it with the Clerk of Court.

So, check there to see if it has been lodged.

1 Answer | Asked in Estate Planning and Probate for Illinois on
Q: Mom,died 24 years after my dad. Found she left a pension fund to the estate of 111,000. Can we use the sm. Estate form
Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

Small Estates Affidavit does not apply because estate is larger than $100,000.00.

The real question is just exactly who is it payable to.

Typically she would have named a beneficiary.

1 Answer | Asked in Estate Planning and Probate for Illinois on
Q: my brother is the executor of dads estate,we agreed I would live in the house and pay it off now its paid what do we do
Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

It's the job of the executor to round up the assets, pay the bills and distribute what is left over to legatees and heirs.

For whatever reason he seems to have delayed getting the job done.

He needs to do what the job calls for.

1 Answer | Asked in Estate Planning for Illinois on
Q: My daughter's boyfriend died before their child was born.

Does her son automatically get a share of the estate, or do we need to file something?

Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

People only inherit after claims against the estate are paid.

In this case, your daughter has a claim against the estate for future support of her son.

Because the child is not yet born it is a little complicated.

She needs to consult with experienced attorneys in parentage...
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1 Answer | Asked in Estate Planning for Illinois on
Q: My sister died with nothing but debt -- am I on the hook as her executor to do anything?
Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

Not unless you personally guaranteed a bill such as the one for the funeral.

Just because a person is named as an executor, he or she doesn't have to serve.

This is done by filing a declaration with the court that you refuse to act as executor.

1 Answer | Asked in Estate Planning and Probate for Illinois on
Q: My mom passed before my stepdad. They left a video will while they were both living. They verbally left the

condo to my Mom's kids and a property in Texas to my Stepdad's daughter. We are being told to get lost because the will that my Mom read from is not signed. The daughter can't be found. Please help. We live in Illinois.

Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

In Illinois, to be valid, a will must be in writing and properly signed and witnessed.

So, if there is no written will, then she died intestate.

What is important is to find out how the properties are titled.

That can be done by contacting the recorder of deeds or...
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1 Answer | Asked in Estate Planning for Illinois on
Q: If I die without a will, how long will it take typically to settle my estate?
Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

Probate involves marshalling assets and making distribution.

There is also a requirement that creditors be given an opportunity to file claims against the estate. The usual time is 6 months.

Sometimes, probate can be avoided through a small estate's affidavit.

There is...
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1 Answer | Asked in Estate Planning and Probate for Illinois on
Q: Do you have to open an estate if a deceased person's assets are all in Joint Name or have beneficiaries?

We have filed the will with Lake County, IL & the Spouse of the deceased is still alive & well.

Ray Choudhry
Ray Choudhry
answered on Apr 25, 2017

This is a typical case especially when one of a married couple passes away.

No estate needs to be opened if there are no assets to probate.

Sometimes an estate is opened for the purpose of discovering assets or filing a lawsuit on behalf of the deceased.

2 Answers | Asked in Estate Planning for Illinois on
Q: My grandmother passed in 2012 and I received a letter saying I am an heir by law to her estate but not a beneficiary.

My father died 2 months before her and it says her assets would be divided equally among her surviving children. So does that mean since my father died, his kids don't get anything or do we get his share?

Kenneth V Zichi
Kenneth V Zichi
answered on Apr 22, 2017

It kind of sounds like your interpretation is correct, but without seeing the documents it is impossible to know for sure. You need to consult with a local attorney in the jurisdiction where the estate is being probated. You can probably get a brief consultation to answer this question and provide... View More

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