Planning for your eventual demise can be nerve wracking and somewhat unpleasant. Still, if you have a sizable estate, you need to finalize your estate while you are still living.
Leaving your estate unplanned can leave it vulnerable to having the local probate court divided it up and settle it for you. You can lay out plans for how you want it to be dispersed after you are gone by hiring a probate lawyer in Chicago today.
Naming Your Beneficiaries
When you hire a probate lawyer in Chicago, you can name the people to whom you would like your estate dispersed after you are gone. If you die without naming your heirs, you leave your estate open to a judge deciding your beneficiaries for you. Anyone could lay claim to your estate and argue that they have a right to benefit from your money and assets.
Your lawyer, however, can put into writing whom you would like to name as your heirs. After you are gone, these people will be notified of your passing and invited to the reading of the will. They also will be the only ones to receive money or assets from your estate.
Your attorney can also assist you with matters like paying taxes out of your final will and testament and determining your funeral plans. You ease the burden of your survivors with these plans. You can learn more about hiring a probate lawyer from Chicago online. Contact Starr, Bejgiert, Zink & Rowells.