12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

You Owe it to Your Loved Ones to do Estate and Inheritance Planning in Zip Code 61735

You Owe it to Your Loved Ones to do Estate and Inheritance Planning in Zip Code 61735


It never dawned on us that life is unpredictable, that one day, one of us could suddenly cease to exist and what then? What would be the joy in having left so much unsaid? With what memories would we fill the empty silence?
 
- Isabel Lopez


No matter what life stage you're in, as long as you have loved ones that depend on you, a solid Estate and Inheritance plan is something you need.

A good goal for parents is to make sure they have up-to-date estate plans in place. It doesn't have to be too complicated - a fairly simple will should ensure that your heirs don't have to grapple with the Government or each other after you pass away.

Not all family battles stem from questionable estate plans, but rather from the dysfunction that already permeates an existing family, whose members refuse to acknowledge a perfectly legitimate will. However, a nonexistent or sloppy will or trust can make things much worse.

Why Do People Avoid Estate Planning?

• Ignorance: people don't realize how important estate planning is. Many don't understand the true expense or pain of probate.

• Fear and Denial: people put off getting their estate plan done. It's a tough subject and some folks just don't want to deal with it.

• Indifference: people don't care enough. They have too many other things to worry about. Or they don't really care enough about their legacy.


• Hassle: people think it's too much work.

• Expense: people think it'll cost a lot of money. Not really. You'll spend an inconsequential amount relative to the outlay your heirs will face if your estate goes to probate.

• Procrastination: There's always tomorrow. You are not at death's door. Waiting another day won't hurt.

Getting Started on Estate Planning

Ask yourself these questions:

• Do you have any assets?

• Do you care who gets them?

• Does it matter to you who becomes the guardian to your children?


If you do care, then you should check out the will and estate planning documents available at 12Law. Keep the communication lines open among members of your family, especially when your heirs are old enough to understand what a will or trust is. If your family doesn't take to the communication well, try sharing your basic philosophy on finance and succession with them regardless. It's tempting to leave it to your lawyers and executors to do the communicating when the time comes, it's much better to avoid big surprises down the road. Give your heirs the opportunity to ask questions and understand your decisions while they can still talk to you.

Some basic housekeeping tasks:

• Set up checks and balances among executors, trustees and administrators who are involved in your estate

• Give your beneficiaries some authority over the assets they are entitled to. Allow your beneficiaries some recourse if there are issues about a particular fiduciary or trustee

• Review and update your estate plan on a regular basis (for every life change and every few years). Keep everything up to date!

• Seek a regular accounting of assets that are involved in your estate

• Read up on estate planning and to become familiar with the concepts and changes in the laws

Your goal should be to get your final wishes documented and in legal order. Tackle these things now while you are in full command of your faculties and are in a happier and secure place in your life.

Get started today!

 
Personalize & Print a Free IL Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free IL Living Trust Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Related Legal Services near Zip Code 61735
Fombelle Gregory
241 W Weaver Rd Ste 230
Forsyth, IL 62535
(217) 877-9977
Criminal Law Attorneys, Legal Service Plans, Attorneys
Scheinbaum Marc
3077 W Jefferson St
Joliet, IL 60435
(815) 729-9860
Attorneys Referral & Information Service, Attorneys
Weinberg Gayle L Law Offices
660 La Salle Pl
Highland Park, IL 60035
(312) 456-9636
General Practice Attorneys, Attorneys, Legal Service Plans
Ilene F Goldstein Law Offices
850 Central Ave # 200
Highland Park, IL 60035
(847) 926-9595
General Practice Attorneys, Attorneys, Legal Service Plans
Ben W Koyl Law Offices
1000 Essington Rd
Joliet, IL 60435
(773) 709-9539
Attorneys, Bankruptcy Law Attorneys
Ben W Koyl P.C.
1000 Essington Rd
Joliet, IL 60435
(773) 709-9539
Attorneys, Bankruptcy Law Attorneys, Tax Attorneys
Johnson Law Firm
5213 Mae Dr Ste B
Godfrey, IL 62035
(618) 466-9510
Attorneys, General Practice Attorneys, Legal Service Plans, Criminal Law Attorneys
Hale Dawna M Law Offices LTD
5213 Mae Dr Ste B
Godfrey, IL 62035
(618) 466-9510
Social Security & Disability Law Attorneys, Attorneys, Social Security Services, Accident & Property
Haber Michael
89 Lincolnwood Rd
Highland Park, IL 60035
(847) 681-9445
Attorneys Referral & Information Service
Chausow Shafer Pc
734 Central Ave Suite 200
Highland Park, IL 60035
(847) 433-9400
Divorce Attorneys, Attorneys, Criminal Law Attorneys, Family Law Attorneys, Legal Service Plans
Ron Cummings
121 Springfield Ave
Joliet, IL 60435
(815) 729-9212
Bankruptcy Law Attorneys, Business Bankruptcy Law Attorneys, Attorneys
Farrell Hamilton & Julian PC
1305 Dadrian Professional Park
Godfrey, IL 62035
(618) 466-9080
Attorneys, Accounting Services, Financial Services
Sabuco Beck Hansen & Schrock PC
77 N 129th Infantry Dr
Joliet, IL 60435
(815) 730-8860
Attorneys
Rambo John E
3041 Theodore St
Joliet, IL 60435
(815) 577-8800
General Practice Attorneys, Attorneys, Legal Service Plans
Campbell & Mc Grady Law Office
3017 Godfrey Rd
Godfrey, IL 62035
(618) 466-8600
General Practice Attorneys, Attorneys, Legal Service Plans
Montgomery Christopher
820 Mason Ave
Joliet, IL 60435
(815) 722-8600
Social Security & Disability Law Attorneys, Attorneys, Legal Service Plans
Tracy Johnson & Wilson
2801 Black Rd
Joliet, IL 60435
(815) 723-8500
Attorneys
Cassian & Carter LLC
3077 W Jefferson St Suite 207
Joliet, IL 60435
(815) 714-8228
Attorneys
Schaeffer & Lamere
5512 Godfrey Rd Ste B
Godfrey, IL 62035
(618) 467-8200
Attorneys,  Accident & Property Damage Attorneys,  Corporation & Partnership Law Attorneys,  Legal S
Bodach Robert C
1204 Buell Ave
Joliet, IL 60435
(815) 725-8036
Attorneys Referral & Information Service, General Practice Attorneys, Attorneys
June David A
1861 Black Rd Ste A
Joliet, IL 60435
(815) 725-8000
Attorneys, Mediation Services, Legal Service Plans
June Prodehl Renzi & Lynch LLC
1861 Black Rd Ste A
Joliet, IL 60435
(815) 725-8000
Attorneys,  Family Law Attorneys,  Elder Law Attorneys,  Wills, Trusts & Estate Planning Attorneys,
Phelan Nolan & Associates PC
211 N Hammes Ave
Joliet, IL 60435
(815) 900-7955
Corporation & Partnership Law Attorneys,  Attorneys,  Wills, Trusts & Estate Planning Attorneys,  B
Mahoney III George F
822 N 129th Infantry Dr # 100
Joliet, IL 60435
(630) 554-7800
General Practice Attorneys, Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US