Creating an estate plan is an important step in ensuring your wishes are honored after your passing. However, many people make errors in writing a will or overlook key components of their estate planning documents. This article will discuss common estate planning mistakes and provide will planning … [Read more...] about Will Planning Tips: Avoid Common Mistakes
Who Should Have a Copy of Your Will
Once you have made your will, you want to ensure a copy of your will gets to those people who will need it. After you have passed, your will will be need to be executed - meaning the instructions you outlined for distribution of assets and final instructions will need to carried out. This raises … [Read more...] about Who Should Have a Copy of Your Will
Common Illinois Probate Myths Debunked
Films and television programs, as well as books and other forms of media, have certainly dramatized the will and probate process. More often than not, probate in Illinois is a dry, uneventful affair. Although contests do occur, as well as other conflicts regarding the deceased’s assets and the … [Read more...] about Common Illinois Probate Myths Debunked
What Happens to My Business If I Die Without a Will?
A last will and testament is often one of the most important legal documents that you can have, for both your family and for your assets. Therefore, if you are the owner of a business, you need to include the business in the will and determine who you’ll pass the business too. Unfortunately, many … [Read more...] about What Happens to My Business If I Die Without a Will?
