The Chicago Illinois Legal Last Will and Testament Form for Divorced Person Not Remarried with Adult and Minor Children is a legal document specifically designed to provide guidelines for the distribution of assets, appoint guardianship, and outline the wishes of a divorced individual who has children, both adult and minor, but has not remarried. This form is crucial as it ensures that the individual's assets are distributed according to their wishes after their demise. It covers various aspects such as property, bank accounts, investments, personal belongings, and any other assets the person may possess. Additionally, this form allows the individual to designate guardians for their minor children. Guardianship choices might differ for adult and minor children, considering their age, individual circumstances, and relationship with potential guardians. Designating guardians ensures that the children will be cared for by responsible and trusted individuals in case of the parent's death. The Chicago Illinois Legal Last Will and Testament Form for Divorced Person Not Remarried with Adult and Minor Children also allows the individual to name an executor who will be responsible for overseeing the distribution of their assets and ensuring that their wishes are carried out. The executor should be someone trustworthy and capable of handling legal and financial matters efficiently. It's important to note that there may be variations of this legal form, depending on specific requirements or preferences. One possible variation could be if the divorced individual wants to include specific instructions regarding the education or upbringing of their minor children, such as the type of schooling they should receive or the values they should be brought up with. Another variation could involve including provisions for a trust fund or establishing a trust to provide financial security for the minor children until they reach a certain age or milestone, such as graduating from college or turning a specific age. Overall, the Chicago Illinois Legal Last Will and Testament Form for Divorced Person Not Remarried with Adult and Minor Children ensures that the divorced individual's assets are distributed according to their wishes and that their minor children are cared for by trusted guardians. By completing this form, individuals provide clarity and peace of mind regarding their estate planning and the well-being of their loved ones after their passing.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.