If you’ve never written a will before or gone through the estate planning process, you might not understand just why it’s important to have professional help! However, the estate planning attorneys in Chicago at Peck Ritchey, LLC know why it’s vital to have professional assistance when you’re writing your will.
A professional planned estate isn’t just for the very rich or people with a lot of assets. If you’re not sure whether you should have help from estate attorneys in Chicago, learn about three common situations that you might not have thought of previously.
Estate Planning Attorneys In Chicago Can Help Even If You Don’t Have Any Beneficiaries
If you’re a single person with no children or family, it’s still important to determine where your assets will go. If you pass away without a will, then your estate could be divided up between distant relatives that you might not have ever even met, much less had a relationship with. It’s also possible, in rare cases, that your estate ends up in the state’s hands.
Instead, consider using estate planning attorneys in Chicago to help determine where your assets will end up. This is especially important if you have a special charity that’s close to your heart or you want to leave your assets to a friend that you’re not actually related to.
Don’t Wait Until You’re Ill Before Contacting Estate Attorneys In Chicago
Many people don’t consider calling estate attorneys in Chicago unless they’ve been diagnosed with a serious illness. The illness often acts as a wake up call that pushes them to take action. However, accidents can happen at any time, which could leave you unable to make a decision about what happens with your estate.
For this reason, don’t wait to contact estate attorneys in Chicago to create a plan. Having a plan in place, especially a living will, can help your friends and family members understand your wishes if you’re unable to speak for yourself.
Estate Attorneys In Chicago Can Prevent Your Family From Fighting When You’re Gone
It’s not uncommon for families to avoid talking about death and what happens after a loved one is gone. Although this may seem like the easiest thing to do, it can cause major problems if your family isn’t happy with your decisions. Estate attorneys in Chicago can help ensure that your assets are divided as equally as possible, which can eliminate the chance of arguments between your family members. Additionally, these estate attorneys in Chicago will be able to help you spell out your exact wishes for your funeral or other memorial services, which can help alleviate a lot of stress for your family during this difficult time.
Estate attorneys in Chicago can help, even if you don’t have any family or you don’t think you’re ill enough to need help. Additionally, they’ll be able to make sure that your family doesn’t fight with each other over assets when you’re gone.
The estate attorneys in Chicago from Peck Ritchey, LLC can help throughout all steps of the estate planning process.