12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Elements of a Last Will and Testament in Michael, IL

Elements of a Last Will and Testament in Michael, IL


Let my heiress have full rights, live in my house, sing songs that I composed.
 
- Anna Akhmatova


Having a Last Will and Testament empowers a person to declare his or her end-of-life wishes and makes it easier for those left behind.

As part of an estate plan, creating this document can ensure that the part or parcel of the properties of the departed can go to the designated person whom he or she wishes to inherit the assets and property. It can also ensure the care and well being of children according to their wishes.

Reasons to Use a Last Will and Testament

• You would want your property distributed according to your wishes after your death.

• You want to specify the list of people or organization that will receive your property.

• You want to list the person or group to whom will carry the conditions you have stated on your will.

• You want to stipulate the name of the person to whom will be responsible for minor children if parents are unable to take care of them.

• You want to use sophisticated estate planning if the value stipulated on your will is higher than $5.34 million (in 2014, indexed for inflation) because this is already larger than the federal estate tax exemption amount.

• Computer and internet related properties can be pass along smoothly using a last will testament. These digital assets includes online account or digital files, social networking websites, online backup services and other forms of digital media properties.


How to write a Last Will and Testament

A last will and testament need not be complicated to write for its purpose is to have written document of your wishes or desires in relation to your properties or children if you pass away to avoid family disputes or confusion.


Keep in mind the following when writing your will:

• Choose your Beneficiaries

Your beneficiaries are the people who will inherit your properties and specific possessions or even digital assets you own. This includes your spouse, children and other relatives and friends.

• Appoint an Executor

Choosing a well appointed executor can make a difference on how your will be executed specially regarding the legal and financial matters of your estate. Choose someone good in numbers and well organized as a person. Look for qualities rather than anyone close to you.

• Pick a Guardian for your Children

Your spouse is the most likely candidate when it comes for the care of your children. Since your spouse will possibly receive an ample amount of assets she will be the reliable guardian that can take care of your children. You can make separate provisions for the children in case something happen to your spouse.

• Sign your Will with Witnesses


Your signature is a very important component in your will because this will be the only thing that can validate this document. You should be of legal age and mentally competent in order to validate your will. Check with your state laws regarding notarization and witnesses that can be needed to make your will a legal document.

What to Do After Writing Your Will

• Put your Will in a Safe Place. Place your will in a secure place. It would be wise to create copies to be given to people you trust like your children, spouse or executor.

• Finish your Estate Plan. A Last Will and Testament can only be a part of your estate plan and not the whole thing. A Power of Attorney, a Living Will and a Living Trust should be made for your love ones.

 
Personalize & Print a Free IL Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Related Legal Services near Michael, IL
Lookofsky Walter B
PO Box 379
Shelbyville, IL 62565
(217) 774-9639
Attorneys
Freeman John V
220 N Morgan St
Shelbyville, IL 62565
(217) 774-9595
General Practice Attorneys, Attorneys, Legal Service Plans
Ford, Curt - Nash Nash Bean & Ford
5030 38th Ave
Moline, IL 61265
(309) 762-9368
Estate Planning Attorneys, Attorneys, Elder Law Attorneys, Wills, Trusts & Estate Planning Attorneys
Hanna Steven W Atty
1528 6th Ave
Moline, IL 61265
(309) 797-9000
Attorneys, Criminal Law Attorneys, DUI & DWI Attorneys, Legal Service Plans, Traffic Law Attorneys
Hanna & Ruud,
1528 6th Avenue
Moline, IL 61265
(309) 797-9000
Attorneys, Criminal Law Attorneys
Hanna & Ruud,
1528 6th Avenue
Moline, IL 61265
(309) 797-9000
Criminal Law Attorneys, Attorneys
PCS Healthcare Consultants
8351 W 99th St
Palos Hills, IL 60465
(708) 430-8860
Attorneys Referral & Information Service, Legal Consultants-Medical
Thompson Linnea E
5030 38th Ave
Moline, IL 61265
(309) 797-8787
Attorneys, Family Law Attorneys, Wills, Trusts & Estate Planning Attorneys, Real Estate Attorneys, A
Braverman William C
10059 S Roberts Rd Ste 1C
Palos Hills, IL 60465
(708) 598-8720
Criminal Law Attorneys, Attorneys, Legal Service Plans
Zanayed Law Office
8150 W 111th St
Palos Hills, IL 60465
(708) 671-8624
General Practice Attorneys, Attorneys
Califf & Harper Pc
506 15th St # 600
Moline, IL 61265
(309) 764-8300
Estate Planning Attorneys, Attorneys, Tax Attorneys, Business Law Attorneys, Real Estate Attorneys,
Derek Hancks PC
1504 7th St # 2
Moline, IL 61265
(309) 797-8188
Attorneys, Legal Service Plans, Bankruptcy Law Attorneys
Attorney Ray Choudhry
1630 5th Ave., Suite 200
Moline, IL 61265
(309) 797-8000
Personal Injury Law Attorneys,  Medical Law Attorneys,  General Practice Attorneys,  Juvenile Law At
Choudhry, Ray - Mid America Law Offices Ltd
1630 5th Ave # 200
Moline, IL 61265
(309) 797-8000
Social Security & Disability Law Attorneys,  Attorneys,  Family Law Attorneys,  Malpractice Law Atto
Neubauer & Johnston
701 E Hanover St # A
New Baden, IL 62265
(618) 588-7767
Attorneys, Family Law Attorneys, Divorce Attorneys, Wills, Trusts & Estate Planning Attorneys, Real
Metropolitan Family Services
10537 S Roberts Rd
Palos Hills, IL 60465
(708) 401-7687
Marriage, Family, Child & Individual Counselors, Social Service Organizations, Mental Health Service
Meersman H Moss
2006 16th St
Moline, IL 61265
(309) 762-7333
General Practice Attorneys, Attorneys
Benveniste Eric
PO Box 1166
Northbrook, IL 60065
(847) 498-6868
Attorneys
Maurizi Ernest
1618 Valley Ridge Ct
Naperville, IL 60565
(630) 946-6841
General Practice Attorneys, Attorneys, Legal Service Plans
Christine R Piesiecki
9800 S Roberts Rd
Palos Hills, IL 60465
(708) 233-6833
Social Security & Disability Law Attorneys,  Attorneys,  Wills, Trusts & Estate Planning Attorneys,
Griffin & Gallagher
10001 S Roberts Rd
Palos Hills, IL 60465
(708) 598-6800
General Practice Attorneys, Attorneys, Legal Service Plans
Farano Jr John
7836 W 103rd St
Palos Hills, IL 60465
(708) 598-6626
General Practice Attorneys, Attorneys
Delair Sidney C
1515 Welton Ct
Naperville, IL 60565
(630) 369-6550
Attorneys, Legal Service Plans
Coogan, James A Dwyer Mc Carthy & Assoc
10001 S Roberts Rd
Palos Hills, IL 60465
(708) 598-6060
Litigation & Tort Attorneys, Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US