Ill. R. Cir. Ct. Will Cnty. 10.14

As amended through September 23, 2024
Rule 10.14 - Deposit and Withdrawal of Ward's Money - Termination of Small Estate
A. Presentation of Petition to Withdraw Funds

A petition to withdraw funds deposited or invested as provided in Section 24.21 shall be presented in person by the parent, spouse, person standing in loco parentis or person having the responsibility or custody of the ward, unless personal presentation is excused by the court. The petitioner may be required to furnish evidence that the sums to be withdrawn or proceeds of sale or redemption are necessary for the ward's support, comfort, education or other benefits to the ward or his dependents.

B. Distribution of Balance of the Funds

If money has been deposited as provided in Section 24.21 and the balance drops below the amount which may be transferred pursuant to a small estates affidavit and no part of the estate consists of real estate or a pending cause of action for personal injuries, a petition may be filed requesting distribution of the balance of the funds without further administration.

C. Filing of Final Account

When a guardian is acting and the estate under administration is or becomes less than the amount which may be transferred pursuant to a small estates affidavit and no part of the estate consists of real estate or a pending cause of action for personal injuries, a petition may be filed requesting distribution of the estate without further administration, and if it appears that there is no unpaid creditor and it is for the best interest of the estate and the ward, the court may order the guardian to file his final account and make distribution as the court directs.

Ill. R. Cir. Ct. Will Cnty. 10.14

Effective 11/30/2015; Revised 10/1/2023.