Probate can be a lengthy and complicated process, and it is natural to wonder whether there are any shortcuts you might take. In Illinois, there is a simplified probate for smaller estates that can save you and your family time and money. It is always worth having a probate lawyer in Illinois evaluate whether you qualify. Requirements for the…
Many people view estate planning as protecting their hard-earned property and assets, though the focus of estate planning is also largely on the protection of your close family members and other loved ones. If you pass away, they will be going through an emotionally difficult time, so it is important to take steps to make the legal process of…
After a person passes away, their estate must go through a process known as probate. During probate, any will the decedent left is proven, and the estate is administered. Some of the specific tasks that occur during probate include paying off debts and taxes, identifying the assets of the estate, and transferring assets to the appropriate parties. There are…
When people draft a last will and testament, one important step is to select another individual to serve as the executor of the will. This means that after the will-maker (testator) passes away, the executor will be in charge of administering the estate as instructed in the will. This can involve several different complex tasks, and many executors can…
