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What are the Different Types of Wills in Illinois?

By |November 14th, 2017|Estate Planning, Wills & Trusts|

Making a will is important as it ensures that your wealth gets distributed among the family members after your death exactly as per your wishes. It prevents the prospect of the family members fighting over the wealth of the deceased. Keep in mind that there are different types of wills. This may create a confusion when it comes to selecting a will. There are Many Wills You Can Choose From in Illinois Here we have made a list of the most common types of wills so that you can have an easier time deciding which is the best one for [...]

The Illinois Probate Process Explained

By |November 3rd, 2017|Estate Planning, Probate, Wills & Trusts|

Probate is the legal process by which assets of the deceased person is distributed. The court-supervised process helps settle the legal title of the deceased person's property and fulfill debt obligations. Understanding the probate process is important as it will allow you to know whether or not probate should be sought. Here we will take a close look at the probate process in the state of Illinois. What is the Probate Process in Illinois? The probate process in Illinois is similar to any other estate. It includes identifying the assets of the deceased person, paying the debts, and distributing the [...]

How Guardianship Differs from Guardian ad Litem?

By |October 28th, 2017|Estate Planning, Guardianship, Probate, Wills & Trusts|

Most parents get confused when they hear the words guardianship and guardian ad Litem. While the two terms seem interrelated, they are in fact completely different terms in the legal context. Here we will explain the differences between the two legal terms so that you can make the right decisions for your child. What is Meant by Guardian ad Litem? Ad Litem is a Latin word that is translated to 'for the lawsuit'. Guardian ad Litem (GAL) in the legal context refers to a court-appointed person who prepares a report relating to parental rights. The court can appoint a GAL [...]