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State Estate Tax Thresholds - Illinois? MN?
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beavertwp
Posted 5/26/2026 11:54 (#11657147 - in reply to #11657042)
Subject: RE: State Estate Tax Thresholds - Illinois? MN?


East central Illinois
You better find a different lawyer.

If your estate is $4 million plus $1, you pay on the whole amount. (This is for Illinois)

If you live out of state and hold assets in Illinois, then Illinois prorates your estate. For example, your estate is worth $5 million, $2.5 million is in Illinois, you will pay Illinois on $2.5 million.
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