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Probate Tips to Remember

When one reaches the point in life to begin estate planning, it should be approached with a certain mindset. As you begin to make future plans for your assets and personal care, there are a number of factors to consider. Estate planning attorneys in Chicago at Anthony J. Madonia & Associates will walk you through this process by thoroughly explaining the concept and answering any questions that may arise.

Probate and Important Tips to Remember

Probate refers to matters pertaining to wills in estate planning. At Anthony J. Madonia & Associates, the attorneys work with clients to draft wills and provide legal advice. In addition to securing an attorney, a person seeking to have a will drafted should keep the following points in mind when initiating this process:

1. Estate planning is life planning. Aside from estate planning relating to how a person’s wealth is decided, it also determines how a person will be taken care of in the future. In the event that a person experiences any form of incapacity, the will that is created will designate how care will happen.

  1. Become familiar with what estate planning is. Though the attorneys will be able to answer all questions, it is still beneficial to read about wills and estate planning and begin to think of how your wealth should be distributed.
  2. Inform family of next step. When the decision to draft a will is made, it is a good idea to inform your family, especially if they will be assigned to handle life care of a person.
  3. Retain an attorney. While some people try to draft their will on their own, it is best to retain an attorney so that the will is legally sound and meets all requirements.

If you or someone you know is looking for estate planning attorneys in Chicago, please contact Anthony J. Madonia & Associates for a consultation.