Property Ownership
In Illinois, what is 'intestate succession' and how does it affect real property?
ASuccession planning done outside of Illinois courts
BThe legal process by which property passes to heirs under state law when a person dies without a valid will✓ Correct
CThe transfer of property through a living trust that avoids probate
DA tax imposed on property transferred at death in Illinois
Explanation
Intestate succession is the distribution of property according to Illinois law when a person dies without a valid will. The Illinois Probate Act specifies who inherits based on the decedent's family structure (spouse, children, parents, siblings, etc.
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