IL HB1268

Requires executors to be at least 18 years old, a U.S. resident, of sound mind, not incarcerated in state or federal prison, and not convicted of a felony (with exceptions).

Allows a person previously convicted of a felony to serve as executor if the testator explicitly acknowledges in the will that they are aware of the conviction prior to execution.

Prohibits felony convictions for financial exploitation of elderly persons or disabled persons, financial identity theft, or similar crimes in other states or federal court from qualifying as executor, regardless of testator acknowledgment.

Permits a previously unqualified executor named in a will to later qualify and serve as co-executor or sole executor if they file a petition, take oath, and provide bond.

Authorizes courts to require nonresident executors to furnish bonds in amounts and with sureties as determined by the court.