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LIVING WILLS

Posted by Douglas BoodtOct 12, 20230 Comments

Living Wills An accident or sudden illness can leave you incapacitated. What happens when there's a question about the medical treatment needed to keep you alive? People have strong feelings about these things, like life support, pain management, and organ donation. You may want one thing while ...

DEATH NOTIFICATION CHECKLIST

Posted by Douglas BoodtOct 06, 20230 Comments

DEATH NOTIFICATION CHECKLIST When a family member or friend dies, it is important to notify various government agencies, banks, creditors and credit reporting agencies of the death. Notifications should be made as soon after the death as possible.             You should initially make telephone...

CHANGING A WILL

Posted by Douglas BoodtOct 04, 20230 Comments

CHANGING A WILL A last will and testament in Chicago and the entire state of Illinois is a legal document instructing what should happen to your assets and property (known as your estate) at the time of your death. But it does not stop there. You can assign a guardian for children and appoint an...

OVERVIEW OF WILLS

Posted by Douglas BoodtOct 04, 20230 Comments

OVERVIEW OF WILLS A last will and testament is a document you create to instruct how you want your property distributed upon your death. Who gets the house? Who gets which antiques? Who gets a bank account? Who takes care of the pets? These are just some of the questions upon which a will answer...

SOME PRACTICAL ESTATE PLANNING TIPS

Posted by Douglas BoodtSep 13, 20211 Comment

There are many practical issues to deal with when planning your estate. You can save your loved ones some headaches by making your wishes known on the following issues: Who should be notified upon your death? Funeral arrangements. The location of any will and/or trust you created, as well as...