Wills, Trusts, Probate, Estates
At the initial consultation, we will obtain information from you that will enable us to prepare a set of customized documents in "draft" form. That set of documents will be prepared and emailed to you in most cases no later than three (3) business days. A second appointment is scheduled either by phone or by Zoom to generally discuss the documents, including any changes, modifications, or corrections. Finally, we will set an office appointment to execute the documents. At that time, any minor changes can be made and the documents will be reviewed in detail with you. You can expect that appointment to last approximately an hour.
Diambri & Vicari, P.C.
530 N. Milwaukee Avenue
Libertyville, IL 60048
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A will is a legal document that outlines an individual's wishes regarding the distribution of their assets after their passing. Under Illinois law, a valid will must meet certain requirements, including being in writing, signed by the testator (the person creating the will) or someone in their presence and at their direction, and witnessed by two credible witnesses. Wills can address various matters, such as naming beneficiaries, appointing an executor to manage the estate, and designating guardians for minor children.
We can assist individuals in drafting a will to ensure that it conforms to state laws and accurately reflect their intentions, ultimately facilitating a smooth and legally sound transfer of assets to their intended recipients.
A trust is a versatile and effective estate planning tool for individuals looking to manage and distribute their assets in a controlled and efficient manner. A trust is a legal arrangement where a trustee holds and manages assets for the benefit of designated beneficiaries. Illinois law recognizes various types of trusts, including revocable living trusts, irrevocable trusts, and special needs trusts, among others. Trusts can serve a range of purposes, such as avoiding probate, minimizing estate taxes, providing for loved ones with special needs, and maintaining privacy.
We can guide individuals through the intricacies of trust creation, administration, and compliance with state regulations, ensuring that their estate planning goals are achieved effectively and according to their wishes.
Probate in Illinois refers to the legal process through which a deceased person's estate is administered and their assets are distributed under the supervision of the court. The probate process involves validating the deceased person's will, identifying and valuing their assets, paying off debts and taxes, and distributing remaining assets to heirs and beneficiaries. Illinois utilizes the Uniform Probate Code which aims to simplify and expedite proceedings.
We can assist individuals in navigating the complexities of probate, ensure compliance with state laws, and facilitate a smooth and efficient distribution of assets to heirs and beneficiaries.
Estate law in Illinois encompasses a wide range of legal matters related to the management, distribution, and protection of an individual's assets upon their passing. It involves various aspects of estate planning, such as creating wills, trusts, and powers of attorney, as well as addressing matters like probate, inheritance taxes, and guardianship.
Whether it's designing a comprehensive estate plan, ensuring the orderly transfer of assets, or resolving disputes related to estates, an experienced Illinois estate attorney can provide tailored guidance that aligns with state laws and the individual's unique needs, ultimately securing their legacy and providing peace of mind for themselves and their loved ones.