Illinois Statutes

§ 24-4

Illinois·Topic RIGHTS AND REMEDIES·Ch. 755 ESTATES·Act 755 ILCS 5/ Probate Act of 1975.·Art. Article XXIV - Accounts

Distribution before the expiration of the period when claims are barred.) (a) If it appears that there are sufficient assets to pay all claims against the estate of a decedent, the court may order the representative to pay the distributive share to a distributee before the expiration of the period when claims are barred under Section 18-12 if the distributee gives bond payable to and for the indemnity of the representative in double the value of the distributive share to be paid, with surety to be approved by the court, conditioned to refund the due proportion of any claim entitled to be paid from the estate distributed together with the expenses of recovery, including reasonable attorneys' fees and additional expenses of administration.

(b)If at any time after payment of a distributive s

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Legislative History

(Source: P.A. 84-395.)

Nearby Sections

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