Sec. 85. Rights of claimants.
101 words·~1 min read·
/il/chapter-755/act-27/85A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 85. Rights of claimants. A beneficiary of a transfer on death instrument is subject to creditor, administrative, funeral and burial, and statutory claims to the same extent and in the same manner as a beneficiary of a trust that was revocable at the time of the settlor's death as provided in Section 505 of the Illinois Trust Code, except that if more than one real property is transferred by a transfer on death instrument, the liability will be apportioned among the real properties in proportion to the net values of the real properties at the time of the owner's death.