When you are young and healthy, it can be easy to think that you have all of the time in the world to settle your estate. You assume that no one can lay claim to anything that you have right now and that people like your siblings or parents will know how to divide up your assets and money if you die early.
However, time can pass by quicker than you realize, leaving you unprepared for naming your heirs or dividing up your estate. By knowing when to retain the services of a skilled probate attorney in Rockford, IL, you can take advantage of the time that you have left in this life and make your final will and testament while you still enjoy good health.
Amassing a Sizable Estate
When you have amassed a substantial estate over time, you need to hire a probate attorney in Rockford, IL, to create a will. You cannot risk dying in an accident or from a sudden illness or injury and leaving your estate vulnerable to the state court’s decision.
Instead, you can direct your lawyer to stipulate in your will to whom you would like to leave possessions and money. This testament will be filed with the probate court and executed if you were to pass away unexpectedly.
As you near your senior citizen years, you also need to think about laying out your final plans. No one likes to plan their own funerals. However, you also want to spare your loved ones of this burden.
Your lawyer can dictate your wishes for your funeral plans and stipulate where you would like to be buried. You can also direct part of your life insurance to go for paying your funeral bill.
You can find out more about hiring a probate lawyer online. Contact Crosby Law Firm at our website.