Whether you are aware of it or not, there is a fairly good chance that you will find yourself in an Illinois probate court, if you are an Illinois resident, at some point in your life. If you are unfamiliar with the concept of probate and/or with the types of legal matters typically handled in a probate court it would be a good idea to educate yourself now before you find yourself in the middle of a probate matter. With that in mind, the following provides a basic guide for what you might expect in an Illinois probate court. The [Read more…] The post What to Expect in an Illinois Probate Court appeared first on Hedeker Law.
Although most people realize the need to have an estate plan in place, a surprising number of them do not have one. When asked why they have yet to create a comprehensive estate plan, several answers predominate. One of the simplest is the fact that people are unsure where to begin and/or what they need. The best way to determine what estate planning legal services you need is to consult with an experienced Illinois estate planning attorney. In the meantime, however, it may be beneficial for you to learn more about what estate planning services are available. What Is Estate [Read more…] The post What Estate Planning Legal Services Do I Need? appeared first on Hedeker Law.
A comprehensive estate plan should accomplish much more than simply providing a roadmap to be used to distribute your estate when you are gone. Exactly what additional goals you include in your comprehensive estate plan will depend on a variety of factors; however, one popular addition to any well-rounded estate plan is an incapacity planning component. If you do decide to include incapacity planning in your estate plan, you may wish to consider creating a revocable trust as part of that plan because a revocable trust creates an excellent foundation for an incapacity plan. Why Do I Need an Incapacity [Read more…] The post Can a Revocable Trust Help with Incapacity Planning? appeared first on Hedeker Law.
Like many people, you may have yet to sit down and create your estate plan, despite understanding the importance of having a plan in place. Also like many people, you may be tempted to take what appears to be the easy route by using “Do-It-Yourself” legal forms you find on the internet or at a local office supply store. In the short run, using DIY Wills and other legal forms may seem like a smart idea; however, in the long run, DIY estate planning forms typically end up costing your loved ones considerably more in terms of both time and [Read more…] The post Do DIY Wills Really Save You Money? appeared first on Hedeker Law.
When most people think about the decisions they must make when creating their Last Will and Testament, they focus on decision relating to the divisions and distributions of their estate assets. One of the most important decisions you must make when creating your Will, however, has nothing directly to do with dividing your estate. Deciding who to appoint as the Executor of a Will, however, is a decision that will have a direct impact on the efficiency with which the estate is probated when the time comes. That, in turn, will directly impact the beneficiaries of the estate. Therefore, if [Read more…] The post How to Choose the Right Executor of a Will appeared first on Hedeker Law.
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