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Protecting Your Assets for Future Generations
When you think about estate planning, drafting a will is one of the most important legal measures to consider. Your will serves as a critical document that outlines your wishes for how your assets should be distributed after death. Without it, the courts are left with no clear direction – which can leave loved ones in limbo as they wade through the difficult probate process.
At Roscich & Martel Law Firm, LLC, clients find that our focus on attentive service and personalized solutions is crucial to developing a will that fits your needs. A lot of thought should go into it, so we will ask you questions in our initial consultation that you may have yet to consider. We will help you discover what is really important to you and your family.
For legal assistance with wills and trusts, call our firm at (630) 793-6337.
Why You Need a Will
Dying intestate means passing away without a valid will or testament in place. This can be problematic for many reasons. Firstly, the probate process can be long and costly without your testamentary directions, leaving your loved ones without direction or support during a critical time. Without a clear plan in place, your assets will be distributed according to state law. This means that the courts will determine who inherits your assets, which quite often differs from whom you want to inherit them.
For example, if you have a partner but are not married, they will not be entitled to inherit anything. Even if you are married, your assets still may not be divided as you wish. Furthermore, without a will, the court will also appoint an executor to oversee the distribution of your assets, meaning that you have no control over who handles your affairs.
Though you may feel like you have plenty of time, it’s never too early to begin preparing for the future. Planning now will protect your family’s best interest and ensure financial stability for years to come.
Preparing to Draft Your Will
When it comes to preparing your will, the first step you need to take is to find experienced, reliable legal representation. We understand that dealing with end-of-life matters can be a sensitive issue, so we recommend seeking the services of seasoned legal experts like our will and trust attorneys at Roscich and Martel Law Firm, LLC. With years of experience in estate planning, we have helped countless families safeguard their legacies and ensure that their loved ones are cared for in the event of their passing.
At your initial will conference, we will discuss your options and make recommendations regarding the following factors:
- The makeup of your estate
- How you want your estate distributed, to whom, and when
- Estate tax and inheritance tax possibilities
- Whether trusts for you or your children are appropriate
- How to avoid the time and expense of probate
- The physical care of your minor children in your absence
- The need for living directives and resuscitation desires
- The management of your property if you are disabled
You should also come prepared with the following information:
- Value of all assets, including life insurance
- Persons to be appointed to act as representatives of you or your estate (executor, trustees, agents for Powers of Attorney)
- Persons to care for your children in your absence (guardians)
We recommend you address these issues now before life situations make them emergency decisions. Our clients have benefited emotionally, physically, and financially from our knowledge and broad-based advice on preparing wills.
We Are a Client-Focused Law Firm
At Roscich & Martel Law Firm, LLC, we understand the importance of having a will that accurately represents your wishes and needs. Our experienced legal team works closely with clients to ensure that their estate planning documents reflect their unique circumstances, providing them with peace of mind knowing that their assets will be distributed according to their wishes.
When you work with our Naperville estate planning team, you become our priority. We take the time to get to know you and your family so that we can help you create a comprehensive estate plan that meets your needs. We handle every aspect of the will drafting process with the utmost care and attention to detail, helping you draft a will that is legally sound and enforceable.
Trust us to guide you through this important task, and let us provide you with the responsive, personalized legal representation you deserve. Call us today at (630) 793-6337 or reach out to us online.
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