Illinois Compiled Statutes 755 ILCS 5/4a-5 – Definitions
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As used in this Article:
(1) “Caregiver” means a person who voluntarily, or in exchange for compensation, has assumed responsibility for all or a portion of the care of another person who needs assistance with activities of daily living. “Caregiver” includes a caregiver‘s spouse, cohabitant, child, or employee. “Caregiver” does not include a family member of the person receiving assistance.
(2) “Family member” means a spouse, civil union partner, child, grandchild, sibling, aunt, uncle, niece, nephew, first cousin, or parent of the person receiving assistance.
(3) “Transfer instrument” means the legal document intended to effectuate a transfer effective on or after the transferor‘s death and includes, without limitation, a will, trust, transfer on death instrument, deed, form designated as payable on death, contract, or other beneficiary designation form.
(4) “Transferee” means a legatee, a beneficiary of a trust, a grantee of a deed, or any other person designated in a transfer instrument to receive a nonprobate transfer.
(5) “Transferor” means a testator, settlor, grantor of a deed, or a decedent whose interest is transferred pursuant to a nonprobate transfer.
(1) “Caregiver” means a person who voluntarily, or in exchange for compensation, has assumed responsibility for all or a portion of the care of another person who needs assistance with activities of daily living. “Caregiver” includes a caregiver‘s spouse, cohabitant, child, or employee. “Caregiver” does not include a family member of the person receiving assistance.
Terms Used In Illinois Compiled Statutes 755 ILCS 5/4a-5
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Caregiver: includes a caregiver's spouse, cohabitant, child, or employee. See Illinois Compiled Statutes 755 ILCS 5/4a-5
- Contract: A legal written agreement that becomes binding when signed.
- Decedent: A deceased person.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Family member: means a spouse, civil union partner, child, grandchild, sibling, aunt, uncle, niece, nephew, first cousin, or parent of the person receiving assistance. See Illinois Compiled Statutes 755 ILCS 5/4a-5
- Grantor: The person who establishes a trust and places property into it.
- Legatee: A beneficiary of a decedent
- Testator: A male person who leaves a will at death.
- Transfer instrument: means the legal document intended to effectuate a transfer effective on or after the transferor's death and includes, without limitation, a will, trust, transfer on death instrument, deed, form designated as payable on death, contract, or other beneficiary designation form. See Illinois Compiled Statutes 755 ILCS 5/4a-5
- Transferor: means a testator, settlor, grantor of a deed, or a decedent whose interest is transferred pursuant to a nonprobate transfer. See Illinois Compiled Statutes 755 ILCS 5/4a-5
(2) “Family member” means a spouse, civil union partner, child, grandchild, sibling, aunt, uncle, niece, nephew, first cousin, or parent of the person receiving assistance.
(3) “Transfer instrument” means the legal document intended to effectuate a transfer effective on or after the transferor‘s death and includes, without limitation, a will, trust, transfer on death instrument, deed, form designated as payable on death, contract, or other beneficiary designation form.
(4) “Transferee” means a legatee, a beneficiary of a trust, a grantee of a deed, or any other person designated in a transfer instrument to receive a nonprobate transfer.
(5) “Transferor” means a testator, settlor, grantor of a deed, or a decedent whose interest is transferred pursuant to a nonprobate transfer.