The loss of a loved one is a traumatic time for all involved. All too often families suffering from the grief of loss are forced to debate the ownership of the property left abandoned by death. The heartache does not need to be complicated by legal matters. Fortunately, in times of mourning, families can stick together and leave the legal hurdles for the lawyers. Here are a few reasons why you need a probate lawyer:
Different assets are treated differently in probate proceedings. Some need not be probated at all. For example, a life insurance policy will be transferred directly to your beneficiaries regardless of probate.
In Illinois, it is perfectly legal to write your own will without assistance from a lawyer. However, it is important to keep in mind that there are a few technical requirements that must be met for an effective will. This includes having witnesses and using unambiguous language.
As the saying goes, “Anything that can go wrong will go wrong.” Wills are technical legal instruments that transfer property under a variety of technicalities mandated by the Illinois Probate Act. Countless situations could arise, derailing even the best-laid plans. Transferring property to a minor, a charity, or a non-relative could leave your relatives contesting your plans. Creditors could make claims for amounts higher than what remains in your estate. A beneficiary in your will may no longer be living at the time of probate.
Protecting the assets you have spent an entire lifetime acquiring for the benefit of those you love can be highly technical. When you have the right attorneys helping you prepare, it can also be a safe and secure process. Don’t leave your loved ones in the hands of chance; contact us today and protect those closest to you.
