Terms Used In Illinois Compiled Statutes > 330 ILCS 70 - Records for Veterans Administration Act

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Dependent: A person dependent for support upon another.
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Municipalities: has the meaning established in Section 1 of Article VII of the Constitution of the State of Illinois of 1970. See Illinois Compiled Statutes 5 ILCS 70/1.27
• Person under legal disability: means a person 18 years or older who (a) because of mental deterioration or physical incapacity is not fully able to manage his or her person or estate, or (b) is a person with mental illness or is a person with developmental disabilities and who because of his or her mental illness or developmental disability is not fully able to manage his or her person or estate, or (c) because of gambling, idleness, debauchery or excessive use of intoxicants or drugs, so spends or wastes his or her estate as to expose himself or herself or his or her family to want or suffering. See Illinois Compiled Statutes 5 ILCS 70/1.06