Chicago Documents

Category:
State:
Illinois
City:
Chicago
Control #:
IL-P001-PKG
Format:
Word; 
Rich Text
Instant download

Description

The Legal Life Documents Personal Planning Package contains essential life documents, information on how to organize life documents and other products. The documents in this package are State Specific.


This package contains the following forms:



1. Last Will

2. Designation of Standby Guardian

3. Appointment of Short Term Guardian

4. Statutory General Power of Attorney with Durable Provisions

5. Statutory Durable Power of Attorney for Health Care

6. Statutory Equivalent of Living Will

7. Statutory Power of Attorney for Mental Health Care

8. Estate Planning Questionnaire and Worksheets

9. Personal Planning Information and Document Inventory Worksheets

Bonus financial forms!


1. Last Will - Complete this form to detail in writing your wishes regarding who is to receive your property at death and who will administer your estate. It also enables you to appoint trustees or guardians, if applicable.


2. Designation of Standby Guardian - A standby guardian is someone who has been appointed by the court as the person who will act as guardian of the disabled person when the disabled person's guardian dies or is no longer willing or able to make and carry out day-to-day care decisions concerning the disabled person. By properly completing this form, a guardian is naming the person that the guardian wants to be appointed as the standby guardian of the disabled person. Signing the form does not appoint the standby guardian; to be appointed, a petition must be filed in and approved by the court.


3. Appointment of Short Term Guardian - Statutory Form - This form provides for the appointment of a short-term guardian of a disabled person for a cumulative total of up to 60 days during any 12 month period.


4. Statutory General Power of Attorney with Durable Provisions - Short Term Power of Attorney for Property - This Power of Attorney is a statutory form which means it has been approved by the state legislature. It provides for the appointment of an attorney-in-fact for various matters, which you select, including property, finances, real estate, business, banking, litigation and many more options. Note: Do not alter this statutory form other than to include the optional provisions listed. Only complete it as desired.


5. Statutory Durable Power of Attorney for Health Care - This Power of Attorney for Health Care allows you to appoint a person to make health care decisions for you when you are not capable of making the decision. You may limit this person's authority or the duration of his/her authority to speak for you.


6. Statutory Equivalent of Living Will or Declaration - This form is called a "Declaration" and it is the equivalent of a Living Will. It provides instructions to your family and doctors should you have an incurable injury, disease, illness or condition and you are unable to express your wishes with regard to treatment.


7. Statutory Power of Attorney for Mental Health Care - This document allows you to make decisions in advance about 3 types of mental health treatment: psychotropic medication, electroconvulsive therapy, and short-term (up to 17 days) admission to a treatment facility.


8. Estate Planning Questionnaire and Worksheets - This Estate Planning Questionnaire and Worksheet is for completing information relevant to an estate. It contains questions for personal and financial information. You may use this form for client interviews. It is also ideal for a person to complete to view their overall financial situation for estate planning purposes.


9. Personal Planning Information and Document Inventory Worksheets - This form enables you to document matters relevant to your life and personal planning such as the location of your important legal documents, relatives names, contact information, medical information, financial asset inventory and more.

The Chicago Illinois Life Documents Planning Package is a comprehensive set of legal documents that individuals residing in Chicago, Illinois, can use to plan for their future and ensure their wishes are respected in various situations. This package includes essential documents such as the Last Will and Testament, Power of Attorney, and Living Will. The Last Will and Testament is a legal document that allows individuals to outline their wishes regarding the distribution of their assets, designate guardians for minor children, and express their preferences for funeral arrangements. It ensures that your possessions and properties go to the intended beneficiaries, reducing conflicts and uncertainties after your passing. Within the Chicago Illinois Life Documents Planning Package, there may be different variations of this document, depending on the specific needs and preferences of individuals. The Power of Attorney is another crucial component of this package. It gives someone the authority to act on your behalf legally, allowing them to make important decisions when you are unable to do so yourself. There are typically two types of power of attorney: general and healthcare. General power of attorney grants the designated person the power to manage your financial affairs, while healthcare power of attorney empowers them to make healthcare decisions on your behalf. These documents help ensure that your interests are protected and that your affairs are handled in accordance with your wishes. The Living Will, also known as an advanced healthcare directive, is a document that allows individuals to express their wishes regarding medical treatment and end-of-life care. It outlines the medical interventions that they do or do not wish to receive, should they become incapacitated and unable to communicate. It ensures that healthcare providers and loved ones are aware of the individual's desires, promoting dignity and avoiding unwanted medical interventions. While the specific names of the Chicago Illinois Life Documents Planning Package may differ depending on the legal service provider, it generally includes these three key documents: the Last Will and Testament, Power of Attorney, and Living Will. These documents are integral to creating a comprehensive and legally binding plan for your future, reflecting your preferences for asset allocation, healthcare decisions, and end-of-life care.

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How to fill out Chicago Illinois Life Documents Planning Package, Including Will, Power Of Attorney And Living Will?

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FAQ

Under Illinois law, a properly signed and witnessed Living Will takes effect once a person has been diagnosed with a terminal condition and his or her attending physician verifies such information in writing as a part of the medical record.

The witnesses must be 18 years old or older.

Basic revocable living Trusts may be included in a flat-fee estate planning package costing between $2,500 and $6,000. Revocable living Trusts help you bypass the costly and public probate process and can evolve into testamentary Trusts that allow you to control your assets long after you have departed this world.

Yes! Illinois statute requires any person holding a decedent's Will (and codicils) to file the Will with the clerk of the court in the decedent's last county of residence.

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.

An Illinois living will must be signed by two witnesses. The witnesses must be at least 18 years old, not financially responsible for your medical care, and cannot be legally entitled to a portion of your estate.

Once the personal representative files the will -- whether it's probated or not -- the will becomes a public record. As such, any person can obtain a copy of the will from the clerk of the court where the personal representative filed it.

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.

The Grounds for Contesting a Will The grounds for invalidating wills in Illinois include undue influence, lack of testamentary capacity, and fraud or forgery. Undue influence occurs when something or someone prevents people from exercising their own rights and wishes when crafting their wills.

Upon the death of the Will maker (the Testator), all Wills become public record in Illinois. Illinois law requires that upon the death of a Testator his/her Will must be filed with the local Clerk of Court within 30 days of the date of the Testator's death.

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Power of Attorney for Health Care. Living Will Declaration Form.That way, your doctor, and family know your wishes about end-of-life medical care in case you get a terminal condition. In some states, advance health care planning includes a document called physician orders for life-sustaining treatment (POLST). You can choose which documents to create, depending on how you want decisions to be made. Examples of ADs include: ○ Living wills. ○ Instruction directives. Planning for Medical Care in the Event of. Law Offices of Larry S. John Buckley is simply the best in lawyer for estate planning. We believe in the Constitution as our founding document.

That is why we offer our clients a unique, convenient service. The reason we think so highly of this company is our lawyers. They are professional, courteous and courteous at the same time. Their motto, “A Lawyer can make any decision you might want to make,” resonates in our office. Our team is filled with attorneys who understand the role of lawyers in the practice of law. The attorneys at Law Offices of Larry S. John Buckley don't just understand the business and financial world. They also understand the law and how it fits in with your life's journey. Our attorneys understand your life situation, and so we have worked to provide a process that is efficient, efficient and efficient. As a result, we know that our clients can be confident that their cases have been handled in a fair and just manner. Our team of attorneys at Law Offices of Larry John Buckley provides a way for you to be able to make a health care decision in an orderly and convenient manner.

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Chicago Documents