Kane County Lawyers For Wills

Kane County Estate Planning Attorneys for Will Preparation

Wills are essential estate planning documents that every adult should have. A will designates, in writing, your final wishes regarding the distribution of your property and assets, and the care of any dependents you may have. Without one, your estate could be tied up in probate for an extended period of time, leaving the courts to make important decisions about your assets, debts and dependents. If you have not yet created a will, it is important to get started on this sooner rather than later.

At Patankar Law P.C., we have extensive experience helping clients set up wills, living wills, trusts, and all other types of estate planning documents in Aurora, Kane County, and throughout the Chicago area. Our lawyers have in-depth knowledge of this area of the law, and we work closely with our clients to develop innovative solutions designed to accomplish their objectives. We take the time to listen to and get to know each client, so we can fully understand their needs and goals and develop a personalized solution that fully accounts for all important details and factors. Our extensive background in tax law provides us with a unique perspective in estate planning.

Simple Wills

A simple will, also known as a last will and testament, is the most commonly used estate planning document. The primary objectives of this document include:

• Designating an executor/administrator to carry out the directives in the will and manage the final affairs of the estate;
• Provide legally enforceable instructions on the distribution of the assets and personal property of the estate;
• If you have minor children or other dependents, designating a guardian to look after them in the event of a worst-case scenario.

The contents of a will vary widely depending on the individual circumstances of the testator (the person who creates the will). For example, some may need a will to make sure the right guardian is in place for minor children or to leave a portion of their estate to a favorite charity. Others may have more complex estates with businesses and real estate, which may require the use of a pour over will in conjunction with one or more trusts to help minimize the tax implications.

Living Wills

A living will is an advanced health care directive that provides clear instructions regarding end-of-life medical decisions should you become incapacitated or otherwise unable to make the decision yourself. Living wills are often used in conjunction with a power of attorney for health care, which is a document that designates a trusted individual to carry out the directives of a living will and make other important healthcare decisions on your behalf.

Speak with a Skilled DuPage County Living Wills Lawyer

Wills and living wills are important directives that everyone should have. At Patankar Law P.C., we understand the importance of these and other estate planning tools, and we put our experience to work to give our clients the peace of mind knowing that their final affairs are in order. Contact our office today at 630-820-8877 to speak with an attorney. From our office in Aurora, Illinois we serve clients throughout Kane County including Batavia, Geneva, St. Charles, Elgin, North Aurora, Warrenville, Naperville, Lisle, Yorkville, Oswego, and Montgomery.