Estate planning is essentially the process of filling out the correct paperwork and working with an attorney to ensure your final wishes are carried out. While it may seem confusing at first glance, with the proper help and knowledge, estate planning can be taken care of with relative ease. It is important that everyone take …
Understanding Estate Planning & Why it is Important Read More »
When someone has a will drawn up and notarized, detailing what will happen to all their property after their death, they will usually specify in the document who will act as the executor of the will. If the document does not specify an executor, the court will appoint one. But what does it even mean …
An executor?s job is to carry out the will, meaning he or she?will execute the will and handle the estate of the deceased by carrying out their wishes. This can include paying debts and taxes and distributing the assets to the beneficiaries in accordance to the instructions of the will. It is the responsibility of …
What to Do When an Executor Fails to Carry Out the Will Read More »
The probate process in Illinois is a legal procedure supervised by the court that is sometimes needed after the death of a loved one. It is used to make it absolutely clear who will inherit the property of the deceased and to make sure that all of their taxes and debts are paid. The executor …
Being the executor of someone?s estate can be considered an honor, but it can also be scary at the same time. The executor has the important responsibility of seeing to it that a person?s last wishes are carried out in regard to the distribution of their possessions and their property. When it comes down to …
Most people really don?t like to think about making a will. They don?t like talking about a DNR (do not resuscitate order). And they really don?t like to talk about planning a funeral. But it is advised that ALL people plan for these events, and when you live alone or become terminally ill, these items …
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