Does Illinois have a transfer on death deed option?

Full question:

Does Illinois have a transfer on death deed option?

  • Category: Real Property
  • Subcategory: Deeds
  • Date:
  • State: Illinois

Answer:

As of 8/07, nine states now recognize transfer-on-death deeds: Arizona, Arkansas, Colorado, Kansas, Missouri, Nevada, New Mexico, Ohio, and Wisconsin.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Since Illinois does not recognize transfer-on-death deeds, there are no costs associated with setting one up in the state. In states that do allow them, costs can vary based on attorney fees and filing fees.