Illinois Trust & Estate Planning
State laws, costs, and planning strategies
$1,500–$3,500
Living trust cost
3–5% of estate
Probate cost
$4.0M
State estate tax
Required
Probate status
Overview
Illinois has one of the lowest state estate tax thresholds in the country. Trusts are widely used to minimize this liability.
Special Rules & Features in Illinois
- ⚡State estate tax starting at $4M (one of the lowest thresholds in the US)
- ⚡Illinois Trust Code modernized trust law in 2020
Create a Illinois Living Trust
Attorney-reviewed documents, state-specific provisions
Start with Trust & Will⚠️ This is general educational information, not legal advice. Consult a Illinois-licensed estate planning attorney for advice specific to your situation.