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![]() The Order itself has expired but its provisions are now codified in the law (P.A. The Order authorized both the remote witnessing and the remote notarizing of documents, provided certain requirements were met. The new normal for signing estate planning documents in Illinois that began with Governor Pritzker’s March 26, 2020, Covid-19 Executive Order (No. Create the legacy you want.įor help with your will and other estate planning documents, contact us at Wilson and Wilson Estate Planning and Elder Law, LLC at 7 for our main office in LaGrange, Illinois or at 8 for our Northbrook, Illinois office.NOTE: This article was originally published on Jand was updated on Decemto reflect the Governor’s signing of both acts and the Governor’s most recent Disaster Proclamation. You can always go back and change your will as life changes. Too often, people put off writing their will and create a hasty document and make rushed decisions (which is still better than no will at all).īe intentional and thoughtful. Once you have completed your will, it’s still a good idea to have an attorney review this document. Print it out, sign it, have it witnessed and validated by a notary, and make sure to tell your loved ones where to find it. Fill-in-the-blank wills specific to your state are available for free through sites like eForms, or you can use a LegalZoom document for a small fee. There are free or low cost online wills that can at least be a good starting point and help you think about what to address. You can check with an attorney to see if they are valid in your state and whether or not you need it notarized or witnessed. This is especially true of your situation is complex or you have significant assets.Ī handwritten will (called a holographic will) is considered valid in some states, but not all. Hiring a lawyer to help draft your will can help avoid a lot of problems, confusion, disputes, or even lawsuits. There are several ways to create a will.Use this as an opportunity to answer questions and avoid surprises. Make sure to ask and not assume that they will be willing to take on this responsibility.Īlso, talk to the people you are leaving property to and explain how your things will be divided and why. Think of someone you consider trustworthy and fair. Store all of these items together in one place with your will, and make sure the right people know where this is kept and how to access it.Įvery will needs an executor, who is the person in charge of carrying out what the will says. You’ll also want to write a list of usernames and passwords to access important information in your mobile phone or computer, as well as safe deposit box information. Next, write down contact information for legal or financial advisors with this list of assets and liabilities. You’ll also want to include fine jewelry, artwork, collectibles, and other valuable items. List all of your assets, including real estate, investments, life insurance policies, stocks, bank accounts, and any other accounts. Next, take an inventory of everything you own and owe. Look at your life and determine who and what matter most. Where you spend your time and money may help reveal your priorities. Start by asking yourself some philosophical questions: Think about who and what are important to you.Here are 5 things to know as you start writing your will: Wills don’t necessarily need to be complicated or cost a fortune. However, every adult can benefit from having a will, and having one already written will make things easier for those left behind when you pass away. You might think that wills are only for wealthy people, or maybe you are young and think you don’t need to write one yet.Īccording to ’s 2020 Estate Planning and Wills survey, only 1/3 of Americans over 18 (and only 1/2 of those over age 55) have a will.
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