Estate Planning

Serving Waukegan, Libertyville, Lake County, Gurnee & nearby areas of Illinois

The Importance of Having an Original Will

Illinois law requires that the original will of a deceased person be filed  within 30 days of the date of death with the Clerk of the Circuit Court in the county where the decedent resided at the time of their passing.  Although legal proceedings exist to use a copy of a will in lieu of the original, failure to have the original will be costly and will negate one of the primary reasons for having a comprehensive estate plan, avoiding probate court.

Avoid Do It Yourself Wills

We realize that there are many online services available which offer to help you create your own will.  While it may be tempting to use them as many of these services are inexpensive, having an improper estate plan can be worse than having no estate plan at all.  Some common problems with these do it yourself services:

Suggested New Year’s Resolution from a Lawyer: Get or Update Your Estate Plan

We all lead hectic lives.  We sometimes put off important things like creating a will and/or updating our existing plan.  The fact is none of us really know when we might become disabled or die.  One of the best and most responsible things you can do for your family and loved ones is have a proper estate plan in place.  You should designate a guardian for any minor children.  Choose someone you trust to handle your affairs when you are no longer able to do so.  Decide which people and charitable organizations are more important to you and make sure that your assets are distributed to them t

You Need An Estate Plan. Now. What You Need To Get Started.

Death can come when we least expect it.  Proper preparation will make things as seamless as possible for your family and loved ones.  There is no such thing as starting the estate planning process too soon.  Some of the things you will need to do and think about:

Identify your assets. Prepare a list of assets, including investments, real estate and business interests, insurance policies, annuities, and retirement savings. You must also think about your debts and how they will be addressed after you pass away.

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