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Illinois probate law requires that all estates subject to probate are required to be open for at least six months so that creditors have enough time to assert their claims after they are notified of the death.

Most Estates are open about a year since the various tasks of paying taxes, selling property, locating heirs, etc, often take that long. At the very least, one can expect six to nine months of time before the Estate can close and if there is litigation outstanding, the Estate can stay open for years.

Closing an estate in independent administration is very simple. You need to give the court a Final Report of Independent Representative, a Receipt and Approval on Closing of Independent Administration for each distributee, and an Order of Discharge.

If the estate cannot be closed within one year after issuance of Letters (or 18 months if the estate is required to file a federal estate tax return), the Personal Representative must file a verified report on the status of the estate.

In order to close a probate estate in California, the appointed personal representative must file a petition with the probate court which reports everything he/she has done in regards to the estate. The personal representative must file a Petition for Final Distribution within one year after Letters are issued.

On average, probate in Illinois takes no less than twelve months. The probate process must allow time for creditors to be notified, filing of required income tax returns, and the resolution of any disputes. Creditors must file any claims against the estate within six months of notification.

In 2010, the Illinois Supreme Court handed down a ruling affirming Section 8-1 of the Probate Act of 1975, 755 ILCS 5/8-1 which holds interested parties have a six-month time limit to contest an estate once it enters probate.

The personal representative can close the estate by filing a sworn statement, which says that debts, taxes, and other expenses have been paid and that the estate assets have been transferred to the people entitled to inherit them.

Closing of an Illinois Probate Estate The executor must file a final accounting with the court showing how estate assets were handled. The accounting will list the assets, possible income the estate generated, the amount paid for any debts or other expenses, and the distributions made to beneficiaries.

Step 1 Determine Whether a Will Exists. Under Virginia Code § 64.2-601, a will must be admitted to probate, even if it pertains to a small estate.Step 2 Prepare Affidavit. Download the Virginia Small Estate Act Affidavit and fill it out.Step 3 Get Affidavit Notarized.Step 4 Collect the Assets.

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Decedent's Estate (Forms 1. Statement of Personal Representative to Close Estate .If a file does not appear to be working, download the PDF and fill it in that way. Use the latest version of Acrobat Reader to fill forms.

Franklin Ohio Sample Letter for Closure of Estate with Waiver and Consent

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