ESTATES-SMALL ESTATES Senate SponsorsSen. Javier L. Cervantes 1/7/2025SenateSession Sine Die 755 ILCS 5/Art. XXVA heading new755 ILCS 5/25a-1 newAmends 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. 2/6/2024SenateFiled with Secretary by Sen. Javier L. Cervantes 2/6/2024SenateFirst Reading 2/6/2024SenateReferred to Assignments 1/7/2025SenateSession Sine Die