Free Tools and Information
for Cache, IL Consumers
- Illinois PROBATE COURT FINDER:
- How Probate Works in Illinois: How to handle the probate of an inheritance at Alexander County's probate court.
- Small Estates Procedures in Illinois: Learn how to use Illinois's Small Estate procedures that can save you time and money.
You can use an Affidavit in Illinois for estates with less than $100,000, not counting liens or encumbrances (like a mortgage).
755 Ill. Comp. Stat. 5/25-1 and following.
You can use a summary probate procedure for estates in which the value of the probate estate is less than $100,000. All heirs and benefiaries must consent in writing.
755 Ill. Comp. Stat. 5/9-8 and following.
- Illinois Estate Taxes:
-
The state of Illinois imposes an estate tax on property owned in Illinois. If you are inheriting property from the state of Illinois, it may be subject to estate tax if the overall value of the estate is more than $4,000,000.
- Avoiding Probate in Illinois. Find out what property bypasses probate death and goes directly to beneficiaries. such as:
- MEANS TEST CALCULATOR
- for Alexander County, Illinois (applies the state and county income and expense standards into your means test calculation. Updated with the latest median income and expense standards for May 15, 2024)
- Illinois BANKRUPTCY EXEMPTION FINDER: Search detailed listings of bankruptcy exemptions under Illinois law and Federal law, for use in filing out Schedule C, when you file for bankruptcy.
- Federal Exemptions available in Illinois?:
No. 735 Ill. Comp. Stat. § 5/12-1201
- Illinois Homestead Exemption
Real or personal property including a farm, lot, & buildings, condo, co-op, or mobile home to $15,000 (husband and wife may double); sale proceeds exempt for 1 year
- Illinois Vehicle Exemption
- Illinois BANKRUPTCY COURT ESSENTIAL INFO: Get information about using your local bankruptcy court.
- FREE BANKRUPTCY FORMS:
We'll tell you which bankruptcy forms you need and where to find them.
Access to Justice for Consumers
LegalConsumer.com has been providing free tools and legal information to consumers since 2006.
Ordinary people should be empowered with information and tools to handle everyday legal affairs, such as inheriting property and handling debt problems. Consumers should have free or inexpensive tools to make these tasks as simple as possible.
LegalConsumer.com makes everyday law accessible to non-lawyers and points consumers to the best websites and tools to complete everyday legal tasks.
To find out more, check out our "about" page.