Lawyers Helping You Create A Last Will And Testament In Downers Grove

What Is Included In A Last Will And Testament?

Your will is a foundational part of your estate plan, and it will provide instructions about how certain matters will be handled after your death. These may include:

• The distribution of your assets – You may wish to have different family members or other loved ones inherit certain pieces of property. Your will allows you to specify which items should go to which people, and it can also address how outstanding debts will be handled or state that certain assets should be donated to a charitable organization. By making these types of bequests in your will, you can ensure that items with sentimental value will go to loved ones who will appreciate them.
• Guardianship of minor children – If you pass away unexpectedly, you will want to make sure your children will be cared for. In your will, you can name a person who you would like to act as a guardian, providing a loving home for your children and meeting their ongoing needs. Before naming someone as a guardian, you will want to make sure they are willing to take on the responsibility of caring for your child and that they have the financial means to do so.
• Naming an executor – You will specify a person who will have the responsibility to carry out the terms of your will. The executor of your estate will file your will in probate court, ensure that all assets are distributed according to your wishes, and address any debts or other legal issues related to your estate.

While it is important to execute a last will and testament that makes decisions about what you want to happen after your death, there are a variety of other estate planning tools that can help you provide for your family while addressing your own needs. Trusts can help ensure that your assets are protected while simplifying the process of distributing these assets to your beneficiaries. You may also create powers of attorney for healthcare or finances to ensure that your wishes will be followed during your lifetime.

Contact Our Will County Estate Planning Attorneys

The estate planning attorneys of SBK Law Group can help you create a last will and testament that will eliminate uncertainty for your loved ones about how you want your affairs to be handled after your death. We can also help you create a comprehensive estate plan that provides for your own needs during your lifetime and ensures that you can leave a positive legacy for your family. Contact our Will County estate planning attorneys at 630-427-4407 to get started. We provide estate planning services to clients in DuPage County, Kane County, Kendall County, Will County, and Cook County.