If you pass without a will in Illinois, your assets will go to your closest relatives under state “intestate succession” laws. Here is some information about how intestate succession works in Illinois.
Only assets that would have passed through your will are affected by intestate succession laws. Generally, this would include assets that you own alone, in your own name.
Most valuable assets don’t go through your will and aren’t affected by intestate succession laws. Here are some examples:
These assets will pass to the surviving co-owner or to the beneficiary you named, whether or not you have made a will.
Under intestate succession, there are certain factors to decide who gets what, like, whether or not you have living children, parents, or other close relatives when you pass. Here’s a quick overview:
If You Die With: | Here's What Happens: |
---|---|
Children but no spouse | Children inherit everything |
Spouse but no descendants | Spouse inherits everything |
Spouse and descendants | Spouse inherits 1/2 of your intestate property, descendants get other 1/2 |
Parents but no spouse, descendants, or siblings | Parents inherit everything |
Siblings but no spouse, descendants, or parents | Siblings inherit everything |
Parents and siblings | Parents and siblings inherit your intestate property in equal shares, except ifif only one parent is living, that parent gets a double share |
In Illinois, if you are married and you pass without a will, whether or not you have living descendants, children, grandchildren, or great-grandchildren, the court will decide what your spouse will get. If you don’t have any living descendants, then your spouse will inherit all of your intestate property. If you do have living descendants, your spouse and them will split your intestate property 50/50.
Example: Grace is married to Carl and also has a 13-year-old daughter from a previous marriage. Grace owns a house in joint tenancy with Carl, plus $300,000 worth of additional, separate property that would have passed under a will if Grace had made one. When Grace dies, Carl inherits the house outright; it is not intestate property. Carl also inherits $150,000 worth of Grace’s additional property. Grace’s daughter inherits the remaining $150,000 share of Grace’s property.
If you pass without a will in Illinois, your children will receive an “intestate share” of your property. The size of each child’s share will depend on how many children you have and also whether or not you are married.
In order for children to inherit from you under the laws of intestacy, Illinois must consider them your children, legally. For most families, this is not a complicated issue. But it’s not always easy to see.
Here are some things to remember:
This can be a complex area of the law, so if you have questions about your relationship to your parent or child, get help from an experienced attorney.
If you pass without a will and you have no family, your property will “escheat” into the state’s coffers. However, this very is rare because the laws are designed to give your property to anyone who was even remotely related to you.
For example, your property won’t go to the state if you leave a spouse, children, grandchildren, parents, grandparents, siblings, nieces, nephews, cousins, or great grandparents.
Here are some other things you should know about Illinois intestacy laws.
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