The time period immediately following the death of a family member is one that is typically filled with a number of heightened emotions, including grief, despair, and even anger. It can also be a confusing time for those left behind as they try and focus on the practical and legal ramifications of their loved one’s passing. The decedent’s Last Will and Testament must be submitted to the appropriate court for probate as soon after his/her death as possible. One of the first steps in the probate … [Read more...] about Can Probate Attorneys Help Me Contest a Will?
The Executor of an estate is the individual appointed by the Testator in a Last Will and Testament to oversee the probate of the estate following the death of the Testator. A common mistake made by Testators is to appoint a spouse, friend, or family member to the position of Executor without really taking the time to consider if that individual is the best person for the job. Keep in mind that if you appoint someone close to you as your Executor, that person is going to be grieving your loss at … [Read more...] about Estate Planning Attorneys Discuss Role of Executor
If you have yet to create your estate plan, you may be tempted to try taking a shortcut by turning to easily located online legal forms such as Do It Yourself (DIY) Wills, trusts, or other estate planning documents. After all, using a DIY Will should save you both time and money and finally get your estate plan started, right? It may seem that way to you; however, in the end your loved ones may pay the price for your shortcut because of the hidden dangers in DIY Wills. To help you understand … [Read more...] about Hidden Dangers in DIY Wills
Most people recognize the need to have at least a basic estate plan in place. Despite acknowledging that one is necessary, over half of all Americans have not even executed a basic Last Will and Testament. One reason many people have yet to execute a Will is that they believe that, in their case, it isn’t necessary. A common misconception is that you don’t need a Will unless you have a large, valuable estate that you plan to leave behind. The truth, however, is that almost everyone can benefit … [Read more...] about What Happens If You Die without a Will in Illinois
One of the most important decisions a Testator makes when creating a Last Will and Testament is deciding who to appoint as the Executor of the estate. Unfortunately, most people do not realize how important this decision is and, instead of taking the time to decide who the best person is for the job, they simply fill in the name of a spouse, family member, or close friend. The problem generally stems from the fact that people are unaware of the numerous - and often complex duties and … [Read more...] about 10 Common Executor Duties
The loss of a family member or close loved one is difficult enough to accept under the best of circumstances. If you have lost a loved one, and you have reason to believe that the Last Will and Testament submitted for probate is not valid for one reason or another, you are undoubtedly having an even harder time accepting your loss. The good news is that you may be able to do something about your concerns regarding your loved one’s Will by filing a Will contest. A Will contest is typically a … [Read more...] about Steps Involved in Contesting a Will in Illinois
Just about everyone recognizes the need to have at least a basic Last Will and Testament in place; however, you need more than just a simple Will. A simple Will can take care of distributing your estate assets when you are gone, but a comprehensive estate plan can accomplish that as well – and so much more. If you are new to estate planning though, how do you know whether a simple Will is sufficient for you and your needs or not? How do you decide what additional estate planning components … [Read more...] about You Need More than a Simple Will
Like most people, you know you need to create and execute a Last Will and Testament. In fact, you have been meaning to get to it for some time now. You have just been too busy, or you keep forgetting, or you don’t have everything handy that you need to get the job done. In short, you keep finding an excuse not to create your Will when in reality, the whole idea may just be a little intimidating. Rest assured, you are not alone. Despite knowing the importance of having an estate plan in place, … [Read more...] about Tips for Planning a Will
Like many people, you may have put off creating your comprehensive estate plan for a number of reasons. One of those reasons may be the simple fact that you are not sure where to begin. After all, until may have had no reason to learn anything about wills, trusts and estates. The best way to find out more about estate planning is to consult with an Illinois experienced estate planning attorney. In the meantime, however, take some time to read through the following “10 Things You Need to Know … [Read more...] about 10 Things You Need to Know about Wills and Trusts
In today’s electronic age, there is little you cannot with a few quick key strokes on your laptop computer. The veritable wealth of information flowing along the digital superhighway known as the internet definitely makes our lives easier in many respects; however, caution must be used when depending on anything you encounter on the internet – particularly something as important as a legal form. Like many people, you may be tempted to save time and money by using one of the numerous … [Read more...] about Can’t I Use Fill-in-the-Blank Wills and Trusts I Found Online?