top of page


Thank you for choosing Correa Law for your loved one's estate administration. This process involves transferring assets per the decedent's will or other documents. Here's a summary of the steps:

  1. File the Will: Submit the will within 30 days of discovery. If no will, Illinois law determines distribution.

  2. Probate: Court oversees asset transfer from the decedent's name as per the will or intestacy laws.

  3. Authority: Obtain Letters of Office from the court for estate management.

  4. Bank Account: Get a taxpayer ID and open an estate account, transferring funds from individual accounts.

  5. Assets Collection: List all assets, considering distribution instructions and potential sales.

  6. Creditors: Pay debts from the estate account; notify and handle creditors through probate if required.

  7. Tax Returns: File individual, estate income, and inheritance/estate tax returns if applicable.

  8. Fees: Executors/administrators can claim reasonable compensation for their services.

  9. Closing: Prepare an accounting of expenses, distribute assets per approval, and close the estate.

For assistance or questions, feel free to contact us. Estate administration usually takes 8 to 14 months.


estate administration planning image.jpg
bottom of page