If you were to pass away without a will, the status of your estate would be ‘intestate’. This means that state law will determine how your estate is distributed. This can include any property, bank accounts, or assets you have.
Make sure your wishes are known before a situation arises that you can’t control. Working with an Estate Planning Attorney near Geneva, IL such as Michael LaCava ensures that your assets are provided to your loved ones according to your estate plan and direction, not according to intestate state laws.
Working with an estate planning attorney can take a lot of the guesswork out of the process and ensure that your Will or Trust is drafted and executed correctly. Michael will work with you to determine the following key aspects of your estate:
- Selecting beneficiaries
- Choice of Executor or Trustee
- Selection of a guardian for minor children
- Selection of the right provisions to meet your estate planning needs
- Selection and execution of a power of attorney
