A will is a legal document for estate planning that states how you want your property to be distributed after you die. It is important to have a will, even if you think you do not have much property worth distributing. Without a will, the state of Illinois will decide how your property is distributed, according to its laws of intestate succession. This may not be the way you would want your property to be distributed.
Estate planning can be daunting. Thinking about death is not something one would normally choose to do. For assistance with your will, an experienced estate planning attorney is worth consulting. An attorney can help you understand your options and create a will that meets your specific needs.
Who Do You Want to Receive Your Property?
This is the most important consideration in making a will. You can leave your property to your spouse, children, other relatives, or any combination of these. It is important to note that you are not limited to leaving property to your immediate family. You can leave property to anyone you want, including friends, charities, or even pets. However, it is equally important to be realistic about how much property you can afford to leave to others.
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