What Should I Know About Wills?
Our Hoffman Estates Lawyers are Experienced Estate Planners
A Will Does Not Avoid Probate
Clients are often surprised that a will does not avoid probate. Every will goes through probate. A judge is responsible for three things in probate court:
- Review the will to make sure it was executed properly.
- Authorize and legally empower the person to execute the directions of the will, the executor.
- Make sure that the executor did a good job of executing the will.
Honestly, we think that the advertising about probate is an attempt to scare clients. There are some nice things about probate. Clients sometimes like the fact that the court is supervising the process.
We explain to clients that the problem with probate is that your family has to deal with two unknown individuals: (1) the attorney that will be hired to represent them before the judge in probate and (2) the judge. With any court experience (divorce, traffic, etc.), the attorney and the judge have a huge impact on your experience in court. Depending on these individuals, clients sometimes have a wonderful experience, or some really bad experiences.
A Will Is a Public Document
Also, another downside of probate, especially in our internet age, is that probate is a public process. Every will gets filed in court. There are even websites out there that publish famous wills of celebrities and famous public figures.
A Will Is Not a Simple Form
The next big problem we see with wills is that clients have forms, not a plan.
Think about this question: How have you designated your beneficiaries on your life insurance and retirement accounts?
We will talk about the big mistakes that we see over and over again when clients come to us with their wills.
Where Can I Find an Estate Planning Lawyer in Illinois?
The Hoffman Estates lawyers of Pluymert, MacDonald, Hargrove & Lee, Ltd. have assisted many individuals in creating wills and other important estate planning documents. We understand that only you can make the right decisions about what to do with your estate in the event of your passing – our firm wants to make sure that your will reflects your decisions and final wishes.
If you are at all concerned about who will receive your estate when you pass away, you should consider executing a will. Our Hoffman Estates attorneys are available to guide you through the process and ensure that your will benefits the people you love. To find out everything you need to know about writing or updating your will and other estate planning documents, speak with our estate planning lawyers today.