Access to Justice for Illinois Consumers
LegalConsumer.com has been providing free tools and legal information to Illinois consumers since 2006.
LegalConsumer.com has been providing free tools and legal information to Illinois consumers since 2006.
You can use an Affidavit in Illinois for estates with less than $100,000, not counting liens or encumbrances (like a mortgage).
755 Ill. Comp. Stat. 5/25-1 and following.
You can use a summary probate procedure for estates in which the value of the probate estate is less than $100,000. All heirs and benefiaries must consent in writing.
755 Ill. Comp. Stat. 5/9-8 and following.
The state of Illinois imposes an estate tax on property owned in Illinois. If you are inheriting property from the state of Illinois, it may be subject to estate tax if the overall value of the estate is more than $4,000,000.
No. 735 Ill. Comp. Stat. § 5/12-1201
Real or personal property including a farm, lot, & buildings, condo, co-op, or mobile home to $15,000 (husband and wife may double); sale proceeds exempt for 1 year
$2,400
In Illinois, you can receive unemployment benefits for a maximum of 26 weeks.
The minimum wage in Illinois is $14 an hour. Because this is higher than the federal minimum wage of $7.25, employees in Illinois must be paid at least $14 an hour.
In Illinois, your employer may pay you a minimum wage of no less than $8.40 an hour, as long as you earn enough in tips to bring your total hourly pay up to the full minimum wage, $14 an hour. If you don’t earn enough in tips to bring your compensation to the full minimum wage, your employer must make up the difference.