Will Preparation in Palatine, Illinois

Find the right Will Preparation attorney in Palatine, IL

Many of the pitfalls that sometimes come up with wills in Palatine, Illinois, such as contests brought by would-be beneficiaries, or devises which aren't clear on what they mean, can be avoided if the will is properly drafted in the first place.

If your estate does not have a huge amount of assets, your assets are limited to cash and personal belongings, and you wish to leave all your property to your immediate family and friends, the process of drafting your will is likely to be fairly simple.

But be warned: even a comparatively simple will can encounter delays in the drafting process, which can cause problems later on. An experienced Palatine, Illinois lawyer will considerably reduce the chances of this happening, if they help you in the process of robust will preparation.

A significant percentage of the problems that prevent wills from taking effect are caused by failing to follow the required formalities in will preparation. In most states, wills need to be witnessed and signed by at least two people who have no direct interest in the matter. They further have to include a clear written statement that the document is, in fact, the testator's will. It also has to be witnessed by at least two people. Witnesses cannot be anyone who has a direct interest in the will, which encompasses close relatives of the testator and anyone who's named in the will.

Holographic Wills in Palatine, Illinois

In some states, "holographic wills" are legitimate. A holographic will is written by hand, in the testator's own handwriting. Such will do not need to have any witnesses to be valid.

Holographic wills are typically construed very broadly. Knowing that it was not written by an expert, a court will usually look at the common definition of words, and use other common-sense principles when it comes to interpreting a holographic will. This is necessary to avoid conflicts, and increase the chances that the testator's wishes are honored.

You should know, however, that holographic wills aren't recognized in many states. If you live in one of these states, you're still free to hand write your will, but, in order to be valid, it must be accompanied by all the formalities necessary by the laws of the state it is made in.

If your state allows them, a holographic will might be a good way to go in some cases. For instance, if you don't have an unusually large amount of money, and simply want to leave your assets to close family members, or even to a single person (such as a spouse), it probably wouldn't be a problem. Nonetheless, even in cases like this, it's never a bad idea to make a will with the help of a lawyer.

How Can A Palatine, Illinois Lawyer Help?

Because of the formalities required in drafting wills, it's never a bad idea to have a reputable Palatine, Illinois attorney help in making your will. Even if your will is quite simple, and you have all the formalities figured out, it's still easy to make mistakes without a good once-over by a professional.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Palatine

Palatine, Illinois is located in Cook County, and is a mostly-residential suburb of Chicago. Its population is about 68,000 people.

The village of Palatine was founded in 1866, as a station for the new Chicago and North Western Railway. Palatine began to grow as a residential suburb immediately after World War Two.That period of history saw major economic growth, driven by years of pent-up consumer demand caused by war rationing and the Great Depression.

During the economic boom of the late 1990s, Palatine began modernizing and revitalizing its downtown area, building a new train station, parking garage, as well as a good deal of office and condominium space. Several large corporations have a major presence in Palatine. They include JPMorgan Chase, Weber-Stephen Products, and Square D (a large manufacturer of circuit breakers).

Palatine's economy also benefits from its status as a suburb of Chicago. Many residents of Palatine work in Chicago, allowing for a regular exchange of goods and labor.

If you live in Palatine, Illinois, and need a lawyer, it's very likely that a Palatine, Illinois lawyer can help.

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