Have Questions About Your Case? Check Out Some of Our Law Firm's FAQs
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What documents should every adult have?
Most adults should have a will, power of attorney for property and healthcare, and healthcare directives. Depending on individual circumstances, a trust may also be appropriate.
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When should I update my estate plan?
You should review your estate plan whenever there is a significant life event, such as marriage, divorce, the birth of a child, retirement, relocation, or a substantial change in assets.
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What is the difference between a Will and Trust?
A will provides instructions for asset distribution after death and generally requires probate. A trust can hold and distribute assets while potentially avoiding probate and providing additional flexibility and privacy.
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What happens if I die without a Will in Illinois?
If you die without a valid will, Illinois intestacy laws determine how your assets are distributed. The results may not reflect your personal wishes or family circumstances.
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Do I need an estate plan if I am not wealthy?
Yes. Estate planning is important for anyone who wants control over healthcare decisions, financial matters, guardianship arrangements, and the distributions of assets.