ILL LEG Electronic Will Documents


On May 15, ILL LEG passed bill clarifying electronic wills and trusts.


  • ILL LEG passed bill HB 4251 on electronic documents for wills, trusts, estate plans.
  • Makes amendments to Electronic Wills and Remote Witnesses Act, ILL LEG 755-6.
  • Bill Provisions
  • Amends the article on electronic nontestamentary estate planning documents.
  • Does not apply to a nontestamentary estate planning document, will, or terms of a trust if the terms expressly preclude use of an electronic record or electronic signature.
  • Amend fixes language to add if the terms to the article text to provide clarification.
  • Legislative History
  • On Dec. 4, 2023, bill introduced in House; on Apr. 17, 2024, bill passed in House.
  • On Apr. 19, 2024, bill was introduced in Seante; on May 15, 2024, bill passed Senate.
  • Effectiveness
  • Upon approval, HB 4251, electronic wills, will take effect on Jan. 1, 2025.
  • Jul. 2024 ILL LEG Governor Approval
  • On Jul. 19, 2024, ILL LEG reported governor approved HB 4251, Public Act 103-0666.

Regulators ILL LEG
Entity Types CNSM; IA
Reference Act 103-0666, 7/19/2024; Bill, HB4251, 5/15/2024; Citation: ILL LEG 755-6;
Functions Client Money; Compliance; Legal; Operations; Reporting; Technology
Countries United States of America
Category
State
Products Fund Mgt; Wealth Mgt
Regions Am
Rule Type Final
Rule Date 5/15/2024
Effective Date 1/1/2025
Rule Id 212147
Linked to N/A
Reg. Last Update 7/19/2024
Report Section US Consumer

Last substantive update on 07/23/2024