Appraisal Guides & Insights

What Cook County, Illinois Probate Law Says About Personal Property Appraisals

Illinois probate law requires a fair-market-value inventory of a decedent's personal property, and Cook County estates follow specific rules on administration type, filing deadlines, and when a professional appraisal is required. This guide breaks down the $150,000 small estate threshold, the 60-day inventory deadline, and exactly when executors need a qualified personal property appraisal.