Small Estate Affidavit {171P-1}

171P-1 - SMALL ESTATE AFFIDAVIT ($100,000 and under).This form is used in Illinois to facilitate the transfer of a deceased person’s personal property without the need for formal probate proceedings, provided the total value of the estate does not exceed $100,000. This form is completed and sworn to by an affiant—typically an heir, legatee, or representative—who declares the decedent’s personal information, date of death, last residence, and confirms that no letters of office have been issued or are pending in any jurisdiction. The affiant must itemize the assets of the estate, confirm whether funeral expenses and debts have been paid or list unpaid debts in their legal priority, and acknowledge the responsibility to ensure those debts are paid before distributing any property. The affidavit also requires listing the names and addresses of all heirs or legatees, including minor or dependent children, and outlines their entitlement to the estate based on intestacy or a will, if one exists. The affiant affirms their understanding that they are legally liable for any losses resulting from improper distributions and agrees to indemnify any person or institution relying on the affidavit. www.FormsWorkflow.com