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Illinois allows someone with a claim to assets in the estate of a person who has died to collect them without going through formal probate by using a summary administration process employing a ...
The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
As the assets aren't considered a part of your estate, they sidestep the probate process. It also lets you continue to use assets transferred into the trust, such as property or investments you own.
In 2010 there is no federal estate tax unless Congress acts. An estate that exceeds that value will pay tax on that excess at a rate of 45% under current law. [74] Naturally, this rate is a huge inducement among many with substantial wealth to use various estate planning devices to reduce or eliminate the effect of the tax for their family.
The Illinois River is an important part of the Great Loop, the circumnavigation of Eastern North America by water. The City of Peoria is developing a long-term plan to reduce combined sewer overflows to the Illinois River, as required by the U.S. Environmental Protection Agency and the Illinois Environmental Protection Agency.
Edwards River; Elm River; Embarras River (Illinois) Fox River (Illinois River tributary), northern Illinois; Fox River (Little Wabash tributary), southern Illinois; Galena River; Grand Calumet River; Green River; Henderson Creek; Hickory Creek; Illinois River; Indian Creek; Iroquois River; Jackson Creek; Kankakee River; Kaskaskia River ...
The Illinois River is a 145-mile-long (233 km) [3] tributary of the Arkansas River in the U.S. states of Arkansas and Oklahoma. The Osage Indians named it Ne-eng-wah-kon-dah , which translates as "Medicine Stone River".
S. Saline Branch; Saline River (Illinois) Salt Creek (Des Plaines River tributary) Salt Creek (Little Wabash River tributary) Salt Creek (Sangamon River tributary)