Since 2004, Attorney Gregg A. Garofalo started his own venture Garofalo law firm, to provide many kinds of legal services in the Illinois area. Through Chicago and Illinois area, Garofalo law firm us one stop solutions to take care of your all legal services. Today we are going to discuss you with how will, trusts and powers of attorney works and how Garofalo law firm is going to help you with our best Chicago Will Attorney
What is a will?
A will is document which will be maintained just after death the person who wrote the will. There will be mention that will get which part of the property and how much the property. One person must write a will so that how the property will be distributed will have a mention.
What instruction should maintain in order to write a will?
There are a few procedures that you require to maintain while writing a will. The writer of a will must be at least 18 years old and should have sound mind and memory. Everything the way you want to write the things must be mention in the will. That means the thing written in the will be maintained after you die. After you write the will, the will be signed by you. There should also be sign of two witnesses. The two witnesses will be required in Illinois. The persons those who are beneficiaries should not be mentioned in the will. After you die, the will be mentioned in the court and will be proved valid. After it proved valid the assets will be distributed to the beneficiaries.
What things you must ask yourself or know yourself before you write a will?
Yes, there are lots of things you require to consider for you. Those could be follows –
How the living spouse will act when it is the time to maintain the will?
Generally a person gives away his wealth in any way in a will. Illinois law does not allow one spouse to disinherit the other without the consent of the one who is disinherited. If a spouse is survive, she may renounce the will and could receive a third of deceased spouse estate, if there are surviving descendents of the deceased or one half if there are no surviving descendants. A spouse may renounce a Will for any reason.
How Garofalo law firm will help regarding a will?
You know that there are various types of will. Garofalo law firm will help you with variety types of will. Garofalo law firm will help regarding creating a will, edition of will, change of will and any other help regarding the will. We will let you know how you work on a will etc.
Garofalo law firm also going to help you with other estate planning needs, like – trusts, powers of attorney etc. These are also very important stuffs for who is in estate planning needs. There are lots of benefits trusts can give you. If you want to have someone else to manage your property then go for trusts. In case of illness, the trusts will do its job. The power of attorney will help you in case of illness and absence. Whether you are out of business trip or unable to manage your affairs own self. The power of attorney will do this job. There could be misuse of power of attorney as well. In case of misuse of power of attorney, you can use legal procedure to check.
Garofalo law firm will also help you regarding various other legal needs like – Probate, elder law , asset protection , real estate , land lord and tenant rights , business law services , professional licensing etc services. We value the quality services. We have stuffs on each and every legal service to cope with it. Call us today at 312 – 753 – 6000 or fax us at 312 – 753 – 6001. You can use your email as well. If you are going to email me, they must mention the name , phone , email , question .lets setup an initial consultation.
Follow me in Google plus –
https://plus.google.com/107325630380672726034
We look forward to work with you.
ABOUT THE AUTHOR:
This article is written by Gregg A. Garofalo, the leading attorney services in Chicago , Illinois area. To know more about visit Garofalo law firm.
What is a will?
A will is document which will be maintained just after death the person who wrote the will. There will be mention that will get which part of the property and how much the property. One person must write a will so that how the property will be distributed will have a mention.
What instruction should maintain in order to write a will?
There are a few procedures that you require to maintain while writing a will. The writer of a will must be at least 18 years old and should have sound mind and memory. Everything the way you want to write the things must be mention in the will. That means the thing written in the will be maintained after you die. After you write the will, the will be signed by you. There should also be sign of two witnesses. The two witnesses will be required in Illinois. The persons those who are beneficiaries should not be mentioned in the will. After you die, the will be mentioned in the court and will be proved valid. After it proved valid the assets will be distributed to the beneficiaries.
What things you must ask yourself or know yourself before you write a will?
Yes, there are lots of things you require to consider for you. Those could be follows –
- Who is going to receive your property, if he is children at what age then?
- Who should be named as guardians of minor children, and what are their duties?
- Should a trust be created for your spouse, children or others?
- If a trust is created you must name a competent individual or trust company to manage the trust. Should charitable gifts be made?
- Should life insurance proceeds be payable to a trustee or executor named in your Will or to individuals directly?
- Who should be named executor?
- Can taxes be saved?
- Have any beneficiaries of your estate died or have you had important changes in circumstances or assets?
How the living spouse will act when it is the time to maintain the will?
Generally a person gives away his wealth in any way in a will. Illinois law does not allow one spouse to disinherit the other without the consent of the one who is disinherited. If a spouse is survive, she may renounce the will and could receive a third of deceased spouse estate, if there are surviving descendents of the deceased or one half if there are no surviving descendants. A spouse may renounce a Will for any reason.
How Garofalo law firm will help regarding a will?
You know that there are various types of will. Garofalo law firm will help you with variety types of will. Garofalo law firm will help regarding creating a will, edition of will, change of will and any other help regarding the will. We will let you know how you work on a will etc.
Garofalo law firm also going to help you with other estate planning needs, like – trusts, powers of attorney etc. These are also very important stuffs for who is in estate planning needs. There are lots of benefits trusts can give you. If you want to have someone else to manage your property then go for trusts. In case of illness, the trusts will do its job. The power of attorney will help you in case of illness and absence. Whether you are out of business trip or unable to manage your affairs own self. The power of attorney will do this job. There could be misuse of power of attorney as well. In case of misuse of power of attorney, you can use legal procedure to check.
Garofalo law firm will also help you regarding various other legal needs like – Probate, elder law , asset protection , real estate , land lord and tenant rights , business law services , professional licensing etc services. We value the quality services. We have stuffs on each and every legal service to cope with it. Call us today at 312 – 753 – 6000 or fax us at 312 – 753 – 6001. You can use your email as well. If you are going to email me, they must mention the name , phone , email , question .lets setup an initial consultation.
Follow me in Google plus –
https://plus.google.com/107325630380672726034
We look forward to work with you.
ABOUT THE AUTHOR:
This article is written by Gregg A. Garofalo, the leading attorney services in Chicago , Illinois area. To know more about visit Garofalo law firm.
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