So, rather than using the money responsibly to fund his college education, your 18 year old son would be free to blow it all on a Ferrari. Additionally, the state's one size fits all distribution plan cannot account for non traditional arrangements or specific family circumstances. Unmarried couples, for example, have virtually no rights under the law of intestacy, and longtime committed partners can be completely disinherited in favor of estranged blood relatives. Children or family members with special needs can also be adversely affected, as even modest inheritances will.
ers tell the suspect, "If you cannot afford a lawyer, one will be provided for you. " Estate planning is surprisingly similar if you do not have an estate plan, upon your death, the State of Illinois will provide one for you. Unfortunately, the state's "estate plan" for you may not achieve the results you would have chosen for your assets and your surviving loved ones; by relying on it, you could be giving up the Puma Rihanna Creepers Oatmeal
would expect to happen for example, if you are married but have no children at the time of your death, all of your assets will pass to your surviving spouse. By contrast, however, the application of intestacy laws will produce results that are less than ideal in many cases. If, for instance, you are married and have children at the time of your death, the law provides that your assets will be divided into two shares: one half to your surviving spouse and one half to be split equally among your children. Next and even more importantly upon reaching age 18, each childwould have Puma Rihanna Metallic
full access Puma Fenty Burgundy to his or her share of the assets.
opportunity to ensure that your affairs are handled smoothly after your death. In the absence of a will or other estate planning documents, at your death your property will pass to your "heirs" under the Illinois law of intestacy. Under these laws, the State determines who your "heirs" are, and what portion of your assets they will receive upon your death.