Itasca, Illinois Wills Attorneys
Estate Planning Lawyers in DuPage County
Creating a will is typically one of the most important parts of the estate planning process. A will is a legal document that specifies what should happen to your financial estate and your dependents upon your death. The cost of making a will cannot compare to the peace of mind you will provide to loved ones during this difficult time. At Pankau Law, we are highly experienced in helping clients execute their wills and ensure that your estate is clearly placed into your beneficiaries hands. We will carefully guide you through the estate planning process and make sure your final wishes are clearly expressed.
Executing a Will in Illinois
No matter what your financial or personal circumstances, every adult (anyone over 18) should have a will. A will allows the people you love to have clear instructions for how your assets and personal belongings will be handled when you die. A will also allows you to nominate who will care for your children or adults who are dependent on you. Without a valid will, the court will make these important and extremely personal decisions on its own. This often leads to unnecessary family discord and expense and creates added strain on family members already grieving your loss.
One of the best gifts you can give the ones you love is a carefully considered estate plan, and a will is a large part of that for most people. A will has a number of functions, including:
- Designating who will serve as executor. An executor is in charge of ensuring the terms of the will are carried out properly;
- Names beneficiaries and how to distribute the assets among them;
- Names a guardian for minor children; and
- Waives the requirement that the executor obtain a surety of the bond (this alone may save thousands of dollars).
In order for a will to be legal in Illinois, the testator testatrix must be of sound mind when it is signed. Additionally, two witnesses who are not beneficiaries of the will must be present when the will is signed. Our attorneys have over 30 years of experience guiding clients through the often challenging process of creating a will. We help you answer the difficult questions about your estate and make sure your desires are communicated in a way that is clear and legally enforceable so you decide what legacy you want to leave your loved ones.
To learn more about how we can assist you with your will creation, contact us at 630-875-0500 to schedule a consultation. We will answer your questions and discuss how to best structure your will to provide maximum protection for your loved ones. From our office in Itasca, we work with clients throughout the Chicago area, including Cook, DuPage, and Kane Counties.