In this Elder Law Minute, Crystal Post explains why passing away without a will in Illinois can lead to unintended inheritances.
Video Transcript:
Hi, I’m Crystal Post. I’m the new Junior Associate at Dent Coulson Elder Law. I’m really hoping that these Elder Law Minutes provide some insight and understanding to complex issues that everyday people face in the estate planning journey. If you do not leave behind a will and you pass away in Illinois, you are considered to have passed away intestate. So that means that your property—as in your house, your bank accounts—will go to your children. And if you don’t have children, it’s going to go to your parents.
Now, if you don’t have surviving parents, your property will pass to your siblings. And yes, that means often a brother or a sister that you haven’t spoken to in 15 years. So, at Dent Coulson Elder Law, we will draft documents, we’ll execute those documents that make sure that your property goes to who you want it to go to. If this is something that concerns you, give us a call today.
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Thank you for watching our Elder Law Minute. If you need help with powers of attorney or any other estate planning needs, please call Dent Coulson Elder Law.
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Dent-Coulson Elder Law is dedicated to providing families in the St. Louis area with their Elder Law needs. Our practice areas include Asset Preservation Planning, Veterans Benefits, Medicaid Eligibility, Alzheimer’s Planning, Special Needs Planning, Estate Planning and more. We understand the financial challenges you may face as you and your loved ones grow older. At Dent-Coulson Elder Law, our clients’ well-being is our number one priority. For immediate help, call (618) 632-7000 (IL) or (314) 567-9292 (MO), or Contact Us and we will get in touch as soon as possible.