Comprehensive Estate Planning And Probate Guidance
No one likes to think about what will happen to their estate and assets after they pass away. However, building a comprehensive estate plan today can save you and your loved ones heartache and difficulties in the future. Since 1992, I have brought hands-on knowledge and valuable experience to my estate planning and probate clients in the Chicagoland.
I understand how difficult these issues can be, especially when it comes to protecting your assets and loved ones. I have valuable experience in helping clients balance their legal needs with the personal and emotional nature of these concerns. When you work with me at The Law Offices of James H. Miller, Jr., you can trust that you will always receive a tailored approach to suit your unique needs.
What To Include In An Estate Plan
An estate plan is more than a single legal or financial document. A comprehensive estate plan can include numerous documents that each serve a unique purpose. Every estate plan is unique and can include a variety of documents and measures depending on your circumstances and goals.
Your estate plan may include:
- A will
- Trusts
- Health care power of attorney
- Financial power of attorney
- Guardianship appointments
- Health care directive
- Charitable giving designations
If you pass away without a will, the Illinois Interstate Statute will decide who receives your assets. This may not follow your personal wishes. It is vital that you have a sound estate plan in place so that you can protect your assets and loved ones.
Guidance Through The Probate Process
After someone passes away, their estate will likely go through the formal probate process before their executor can distribute their assets. When there is a valid will in place, the named executor of the estate will file a petition with the probate court. To preserve the estate once all the Estates debts have been paid, the executor will distribute the remaining assets according to the will. If there is no will, the Court will appoint a personal representative and distribute property following Illinois law.
The probate process can be time-consuming and overwhelming, especially if you have just lost a loved one. Working with an experienced probate attorney can help executors ensure they remain in compliance with state probate laws. I help streamline the process.
Discuss Your Estate Plan Or Probate Needs Today
At The Law Offices of James H. Miller, Jr., I strive to always answer phone calls and emails promptly so you always feel comfortable throughout every step of the estate planning and probate process. To schedule a free initial consultation at my Chicago office, call me at 312-957-4658 or complete my online contact form.