▲ 1 r/EstatePlanning
Property held in a corp
Location: Illinois
My father was the owner and only shareholder of a small corporation. He has passed and his estate is small enough for small estate affidavit rather than probate. He has a piece of property in the name of the business. Is there a way to sell this property without going through probate? There are 6 of us all in agreement that we will dissolve the business once everything is taken care of.
Oh and he died without a will but has almost no assets so us adult children understand after his debts are paid there’s nothing to fight over.
u/mcway0306 — 12 days ago