Probate law is a broad term for the various aspects of handling the division of a passing family member or friend’s assets and estates. Upon death, it is important to consider if that person died with a last will and testament and whether or not these are valid. If you find yourself in the middle of probate procedures, chances are this is the last thing you want to deal with. The Hansford Firm can help move the courts along efficiently, protecting the deceased assets and wishes along the way.
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Whether you are facing the probate process now, anticipating it in the future, or trying to find a way to avoid it all together, The Hansford Firm can help every step of the way. Click on either service below to book a consultation with our competent, experienced legal team. We look forward to guiding you through the complexities in all areas of probate.
In the state of Illinois, jointly owned assets are never subject to probate. In fact, probate is only necessary if the recently deceased assets are solely owned and worth $100,000 or more in revenue. The following are four assets that are not subjected to the probate process.
1.
Assets held in trusts/living trusts
2.
Assets with defined/named beneficiaries
3.
Jointly held assets
4.
Real Estate properties with transfer-on-death-deeds
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