Representing Sellers and Buyers of Homes and Other Real Estate

Wills, Trusts, Living Trusts, Powers of Attorney and Other Estate Planning

Law Offices of James B. Spina, Ltd.

Experience Counts

Serving the Chicago Metropolitan Area since 1979

 
 


INFORMATION


HOMES / REAL ESTATE

Notes for Home Sellers

Showing Your Home

Foreclosure, Payment Trouble

Notes for Home Buyers

Do I Really Need a Lawyer?

Attorneys’ Approval Clause


WILLS AND TRUSTS

Do I Need a Will?

Thoughts on a Simple Will

Health Care Power of Attorney

Estate Planning at Your Home

Special Trust for Pet Owners

Special Trust for Gun Owners


GENERAL

Site Map

Contact

About the Attorney

Home

 

 

 

 

   

 

 





WHY DO I NEED A WILL?

A will ensures that your wishes are carried out after your death. Even if you don’t think you have much to leave, a will still serves several important functions.

HOW ABOUT STATE LAW? State law determines what happens to the assets of someone who dies without a will. It is not likely that the law sees things the way you do. For example, under Illinois law, the property of a married person with children, absent a valid will, does not necessarily all go to the surviving spouse. Different circumstances can lead to results that you might see as ridiculous. Why take that chance?

MAKE YOUR OWN DECISIONS. A will directs that your assets be given to the people who you think should get them. Your judgment is based on your own specific circumstances. Your wishes are stated in writing, so there is no mistake or argument about what you wanted.

SELECT YOUR OWN EXECUTOR. Your executor makes certain that your wishes are carried out. You choose the person you want as your executor by naming him or her in your will. In case that person cannot do the job for some reason, you can name as alternative executors other people on whom you can rely.

WHAT ABOUT THE KIDS? A universal worry among people with children is, "Who will care for my children if something happens to both myself and my spouse?" With a will, you can make this decision. You can nominate the person you trust to work for the best interests of your children; the person you can rely on to conserve the assets you leave for your children’s benefit. Just as with the executor, you can name other reliable people for this job in case your first choice cannot serve.

PROBATE IS TOO EXPENSIVE. People often worry about the costs of probate. In Illinois, probating a small estate can often cost less than the available alternatives. In any case, a will should include provisions to reduce taxes and other costs of dealing with your affairs after you are gone.

YOUR WAY. A will takes the guesswork out of dealing with your assets and your dependents. There is no need to argue about what you wanted, because you have already made it clear. Your survivors can have the satisfaction of knowing for certain your last wishes.

MAKE IT EASIER. The passing of a loved one is always tragic. A will makes it easier on those who survive.

708-647-1900

jbs@SpinaLaw.com

 

 
 

Top of the Page

 

____________________________________

ALL INFORMATION ON THIS WEBSITE IS EDUCATIONAL IN NATURE.     IT IS NOT LEGAL ADVICE IN ANY RESPECT.  CONTACT YOUR ATTORNEY FOR ADVICE SPECIFIC TO YOUR NEEDS.    

____________________________________


All material on this website copyright © 1996 – 2008
 

Partial list of communities served:  Homewood, Flossmoor, Matteson, Lynwood, Olympia Fields, Glenwood, Park Forest, Richton Park, Lansing, Sauk Village, Beecher, Chicago Heights, South Chicago Heights, Steger, Country Club Hills, Tinley Park, Hazel Crest, East Hazel Crest, Thornton, Crete, Monee, Peotone, Markham, Calumet City, University Park, Wilmington, Manhattan, Calumet Park, Dixmoor, Dolton, Harvey, Phoenix, South Holland, Ford Heights, Robbins, Chicago, Illinois

 

 

 


 

br>