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Illinois Res. Real Property Transfer on Death Instrument

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Chicago Legal Latte

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Effective January 1, 2012, the Illinois Residential Real Property Transfer on Death Instrument Act (“Act”), 755 ILCS 27/1 et seq., authorizes owners to transfer their Illinois residential real estate outside of probate using a prerecorded “Transfer on Death Instrument” (“TODI”).  This podcast will discuss the Act and its application.

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