Whether you own a home, have some savings, or own any goods such as a car, furniture, or other form of personal property, you have an estate. If you don’t take part in estate planning to choose what happens to your estate upon your death, the government and/or a judge will make those decisions for you. Here are some tips you can use.
Estate planning with an attorney
Speaking to an attorney regarding estate planning can help assure documents such as your will make sense for your situation and are legally executed. Planning with an attorney can help make sure your will is validly drawn, executed, and attested.
Create a will/living will
By creating a will, in essence, you tell the court in writing, with certain formalities, how you want your assets distributed and who will be responsible for the distribution. We help our clients draft their wills. Living wills and health care powers of attorney give instructions on issues such as life support and medical treatment. Through a Living Will you can communicate your choices regarding your end-of-life care even if you are incapacitated or facing life support.
Power of Attorney
We help you ensure that your wishes are known and that you have a legally binding power of attorney. A power of attorney is a means of choosing someone to manage your affairs or make decisions on your behalf or even transact business for you if you are unable to do so for yourself.
The Law Offices of Lora Fausett P.C. provides real estate law services including loan modifications, buying and selling legal assistance, short sales and deeds in lieu, mortgage foreclosure defense, and more.
Located in Glen Ellyn, Illinois and serving clients in DuPage, Cook, Kane, Will, and Kendall Counties.