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Naperville estate planning lawyer

Wills are important legal documents which lay out your wishes for after you pass away. While everyone should have a will to make sure their wishes are carried out after death, many adults do not have one, which can cause legal issues. The most common elements to include in a last will and testament are your financial accounts, personal assets, property you may own, inheritances or plans for your children, investments, and assets related to your business. If no will is made, and an individual dies, the government often has to step in.

Wills and Estates Law

When a person dies and does not have a last will and testament, their estate goes to the members of their family through a procedure known as intestate succession. The government distributes the estate of the recently deceased to their spouse or any direct heirs. However, before that process occurs, financial debts must be settled.


Posted on in Family Law

Wheaton Estate Planning Lawyer

Many people procrastinate when it comes to their last will and testament, for a variety of reasons. They may be busy, do not feel they need one, do not want to do it until they are older, or they find it morbid. Thinking you have plenty of time to do your will is one of the many myths about estate planning. That myth and those listed below need to be debunked to make sure everyone is properly taken care of after an individual dies either later in life or unexpectedly. 

Only Rich People Need to Plan Their Estate

Some lawyers and financial advisers may be focused on the “big fish” estates, but it is not necessary to be wealthy to have a will. No matter what your financial situation, if there are items you would like taken care of after your death or decisions made about your healthcare, a will is a necessity.


Posted on in Family Law

Wheaton Wills Attorney

Many people do not look forward to preparing their will because they feel it is a morbid practice to lay out what will happen when you die. Some families find themselves tied up in lengthy and expensive court battles after a loved one dies because of this line of thinking.

Even if you dread making a will, it is critically important in order to ensure your estate is taken care of in the manner you want after you pass away. Creating a will includes various steps, such as specifying who will receive your property and assets and if you have children who are minors, who will take care of them. 

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