Illinois  |  Wills and Trusts

Legal Question

Asked on: 9/19/13, 2:24 pm

How long after an estate is closed are checks mailed to beneficiaries

1 Answer

Answered on: 9/20/13, 7:24 am by Virginia Prihoda

It's a vocabulary question: in my opinion, an estate isn't closed until the checks are mailed, and the executor has a receipt from the beneficiaries acknowledging receipt of their share. If the estate were under a court ordered probate, the residuary beneficiaries need to approve the executor's and attorney's fees.

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Law Offices of Virginia Prihoda 7551 N. Oakley Ave. Chicago, IL 60645

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