I know you said this is not a real planet, but I'm going to do some math with our Solar System to give you some idea of what the effects might be. Also, I'm ignoring your statement of 20% of the mass of the solar system. An object that was 20% of our solar system would be 1/4 the mass of the sun, and most definitely undergoing fusion: not a planet.
Effect of Jupiter on the other planets
Lets calculate the effects of Jupiter's gravity on Mars (the closest planet to it) compared to the effects of the Sun. The distance from the Sun to Mars is around $2.28\times10^{11} \text{ m}$ and the standard gravitational parameter ($GM$) of the Sun is $1.33\times10^{20}\text{ m}^3\text{s}^{-2}$. The acceleration of the Sun on Mars is $$\frac{GM}{r^2} = 0.00256 \text{ m/s}^2.$$
The distance from Jupiter to Mars is around $5.50\times10^{11} \text{ m}$ at nearest approach and the standard gravitational parameter ($GM$) of Jupiter is $1.27\times10^{17}\text{ m}^3\text{s}^{-2}$. The acceleration of Jupiter on Mars is $$\frac{GM}{r^2} = 0.000000420 \text{ m/s}^2.$$ That is about four orders of magnitude smaller than the effects of the Sun, and two orders of magnitude smaller than the effect of the moon on the Earth.
While the presence of lack thereof of Jupiter will certainly change things in the Solar System in the long run, its effects at the present time would be negligible. For example, if Jupiter were 10 times bigger and 10 times closer to Mars, its effects would be similar to the effects of the moon on Earth. It is hard to imagine a solar system where a planet's disappearance would affect the other planets on timescales shorter than millions of years.
Effect of Jupiter on its own moons
This would obviously be significant. According to this handy-dandy calculator, the escape velocity from Jupiter's orbit to the galaxy is 18.47 km/s. Thus, any satellite lined up so that its speed in the solar frame of reference was 18.47 km/s more than that of Jupiter would end up leaving the Solar System.
The orbital speed of a a moon relative to the main planet is $$v\approx \frac{2\pi a}{T}$$ for a low eccentricity orbit.
Looking at the list of the moons of Jupiter, the farthest satellite that could potentially end up ejected from the solar system would be Thebe with an orbital speed of about 23.9 km/s. The other moons, including all four Galilean mooons, are not going fast enough to get ejected, no matter what orientation in orbit they are in.
Now keep in mind that Jupiter itself is moving at about 13 km/s. So if a satellite's orbit has it going the opposite direction from Jupiter's direction of motion, it would begin a retrograde orbit of the sun. For example, if Io at 17.3 km/s were in such a path when Jupiter disappeared, it would suddenly be orbiting the Sun the wrong way at 4.3 km/s; much too slow. This means it would fall into the inner solar system gaining speed until it shot back out to the former orbit of Jupiter.
Of course, Io would have a rough ride trying to follow this orbit for a few million years; inevitably it would interact gravitationally with the much larger Venus, Earth or Mars, and end up being thrown about again. It could even collide with one of the inner planets.
All in all, the moons would get thrown willy-nilly about the solar system. While it is relatively unlikely that any of them will be ejected from the Solar System based on their initial velocity, they could end up being slung out of the Solar System by the outer planets, caught into orbit of a different gas giant, hurled into the Sun, or they could collide with just about anything.
Conclusion
While the immediate effects of Jupiter's disappearance would not cause any harm, the medium-term effects of its many moons and Trojans flying around the solar system are potentially cataclysmic. Assuming your disappearing planet had as many co-orbital elements as Jupiter, this would basically be a repeat of the Late Heavy Bombardment, and I would hate to be in a non-spacefaring civilization in that system during the next few million years.
To be more clear, with the four quite sizable Galilean [former] moons roaming the solar system at will for millennia, there will be significant perturbations of the Asteroid belt, various Trojans and Centaurs and whatever. All these new flying rocks will be the biggest and most proximate problems, added on top of the hundreds of medium sized moons to moonlets that Jupiter will release directly.