A will is a legally-binding document that identifies who should inherit your property or care for your minor children. We can assist you in preparing a valid will and help you decide what to include in your will. In a will you will need to appoint an executor and a custodian if you have any minor children. If a person dies without a valid will and did not make alternate arrangements to distribute property, survivors may face a complicated, time-consuming, and expensive legal process. We also recommend that you include financial and healthcare powers of attorney to take care of all your estate needs.
What is a trust? A trust is a document outlining what the trustor wants to happen for his or her heirs. Mostly trusts are put in place to reduce estate tax liability, to tend to property in the trustor’s estate and to escape probate. It is true that a living trust does help avoid probate, which means that assets are issued in a faster time frame than a will. In addition, living trusts can be either revocable or irrevocable. A living trust keeps the entire process more confidential because it is not a public record, like a will. Plus, trusts are typically more difficult to attest than wills. However, it is important to note that trusts take longer to create and must be maintained.
Trusts and living wills can be changed at any time, however, it is more time consuming to change a living trust.
Probate is the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person’s property under a will. The court officially appoints the executor, generally named in the will, as having legal power to dispose of the assets in the manner specified in the will. Distribution of certain estate assets such as real estate requires the liquidation of the assets. If there is not a will, usually the closest relative is appointed as the executor of the estate. Through the probate process a will may be contested. We are happy to assist you with the complex nature of probate court.
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Hansen & Massino, P.C.
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As it was a long road, the outcome was what it should have been. 50/50 should be the starting point of a divorce when kids are involved, not something parents should have to fight for. Thanks Sandy & Roy for everything!
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950 Essington Road Suite B
Joliet, IL 60435
Phone : (815) 730-8860
Fax : (815) 730-8865
500 Bob Blair Rd Minooka,
Phone : (815) 467-0270
Fax : (815) 467-0271
405 N. Liberty Street PO Box 568
Morris, IL 60450
Phone : (815) 942-6210
Fax : (815) 942-6238
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We are closely observing the situation regarding COVID-19 and taking all necessary steps to protect the health and safety of our clients and employees. All staff are following strict hygiene and cleaning procedures and following recommendations to limit the risk of exposure.
Because our services require close contact and interaction with our clients, we are acting with extreme caution to prevent further spread of the disease. If you are having symptoms of illness or may have been exposed to the virus, please contact us to reschedule your services. Our staff will be happy to assist you.
We are deemed an "essential business" under the Governor's Shelter-in-Place Order, and thus we will continue to remain open and provide services to our existing and new clients during this shutdown. In an effort to remain compliant with the social distancing directives of the CDC, and the Governor's Order, we are closing the lobby of our offices to outside visitors.
Our Joliet and Morris offices will remain open and staffed with attorneys and paralegals, and we will remain available to our clients by telephone, email, or video conferencing at the hours listed below:
Joliet: Monday-Thursday 9:00 a.m.-5:00 p.m. Friday 9:00 a.m.-4:00 p.m.
Morris: Monday-Friday 9:00 a.m.-12:00 p.m. 1:00 p.m.-3:00 p.m.