Chicago Illinois Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children

State:
Illinois
City:
Chicago
Control #:
IL-WIL-01459C
Format:
Word; 
Rich Text
Instant download

Description

The Mutual Wills package with Last Wills and Testaments you have found, is for a married couple with minor children. It provides for the appointment of a personal representative or executor, designation of who will receive your property and other provisions, including provisions for your spouse and children. It also establishes a trust and provides for the appointment of a trustee for the estate of the minor children. This package contains two wills, one for each Spouse. It also includes instructions.


The wills must be signed in the presence of two witnesses, not related to you or named in the wills. If your state has adopted a self-proving affidavit statute, a state specific self-proving affidavit is also included and requires the presence of a notary public to sign the wills.

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  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children

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FAQ

A very small estate with no challenges and a competent executor may be settled for $4,000.00 to $6,000.00. If the will is contested, or there is significant debt or other disputes, the cost to settle an estate can be significantly higher and includes court fees, executor fees, attorney fees and other costs.

Technically, nobody can change a person's will after they've died. But they can change the effect the will has. But they're only allowed if all of the people affected by the changes agree to them voluntarily or by court order.

An Illinois Will must be in writing, contain your signature and the signatures of two credible witnesses. State law doesn't require Illinois Wills to be notarized.

A joint will is revocable while both partners are alive, meaning that it can be revoked or modified, as long as both parties are in agreement. However, when one partner dies, the joint will automatically becomes irrevocable.

Mutual wills are a type of will made by two people that can't be changed when either person passes away. When both partners are still alive, the will can be changed at any time. However, when one partner dies, the other is bound to the terms of the will.

An attorney is not required to make a will in Illinois. For the vast majority of people, an attorney will simply do the same things that a good will-making software does ? ask you questions and then create documents for you based on your information and wishes.

Mutual wills are a type of will made by two people that can't be changed when either person passes away. When both partners are still alive, the will can be changed at any time. However, when one partner dies, the other is bound to the terms of the will.

Steps to Create a Will in Illinois Decide what property to include in your will. Decide who will inherit your property. Choose an executor to handle your estate. Choose a guardian for your children. Choose someone to manage children's property. Make your will. Sign your will in front of witnesses.

(a) Every will shall be in writing, signed by the testator or by some person in his presence and by his direction and attested in the presence of the testator by 2 or more credible witnesses.

Illinois does allow joint wills. If a joint will is presented at a Wisconsin probate court, the court will try to separate the document into two separate wills.

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Chicago Illinois Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children