PROPERTY TRANSFER ON DEATH Senate SponsorsSen. Jason A. Barickman 1/13/2021SenateSession Sine Die 755 ILCS 27/1755 ILCS 27/5755 ILCS 27/10755 ILCS 27/15755 ILCS 27/20755 ILCS 27/21 new755 ILCS 27/30755 ILCS 27/35755 ILCS 27/40755 ILCS 27/45755 ILCS 27/60755 ILCS 27/65755 ILCS 27/66 new755 ILCS 27/75755 ILCS 27/85755 ILCS 27/90755 ILCS 27/95Amends the Illinois Residential Real Property Transfer on Death Instrument Act. Renames the Act the "Real Property Transfer on Death Instrument Act". Changes the definitions of "owner" and "person". Deletes the definition of "residential real estate". Defines "real property". Changes references to "residential real estate property" to references to "real property". Permits the transfer of real property by a transfer on death instrument to a trustee of a trust under certain circumstances even if the trust is subject to amendment, modification, revocation, or termination. Provides that a transfer on death instrument may not be admitted to probate as the will of the owner or as a codicil thereto. Provides that a transfer on death instrument does not need to state consideration or the addresses of the beneficiaries. Provides that if the transfer on death instrument is not witnessed by at least 2 credible witnesses, it is void. Provides that if a beneficiary attests to the execution of the transfer on death instrument, the interest transferred to that beneficiary is void as to that beneficiary. Changes the rules under which real property that is subject to a transfer on death instrument is transferred. Provides that a transfer on death instrument may be renounced by the owner's surviving spouse regardless of whether the transfer on death instrument transfers an interest in real property for the benefit of the surviving spouse. Provides that a creditor may enforce the liability against the real property transferred at the owner's death by a transfer on death instrument and the beneficiaries. Makes other changes to provisions regarding: rights of creditors; limitations; and preparation of a transfer on death instrument or its revocation. Makes conforming changes. 2/6/2020SenateFiled with Secretary by Sen. Jason A. Barickman 2/6/2020SenateFirst Reading 2/6/2020SenateReferred to Assignments 2/19/2020SenateAssigned to Judiciary 2/24/2020SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Jason A. Barickman 2/24/2020SenateSenate Committee Amendment No. 1 Referred to Assignments 2/25/2020SenatePostponed - Judiciary 2/26/2020SenateSenate Committee Amendment No. 1 Pursuant to Senate Rule 3-8(b-1), this amendment will remain in the Committee on Assignments. 3/2/2020SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Jason A. Barickman 3/2/2020SenateSenate Committee Amendment No. 2 Referred to Assignments 3/4/2020SenateDo Pass Judiciary; 009-000-000 3/4/2020SenatePlaced on Calendar Order of 2nd Reading March 5, 2020 3/5/2020SenateSenate Committee Amendment No. 1 Assignments Refers to Judiciary 3/5/2020SenateSenate Committee Amendment No. 2 Assignments Refers to Judiciary 3/25/2020SenateRule 2-10 Third Reading Deadline Established As May 7, 2020 4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 4/12/2020SenateSenate Committee Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments 4/12/2020SenateSenate Committee Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments 4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 4/23/2020SenateRule 2-10 Third Reading Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Third Reading Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Third Reading Deadline Established As May 29, 2020 5/15/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 31, 2020 1/13/2021SenateSession Sine Die