Estate Planning Chicago
Estate Planning is important for residents of Illinois and Wisconsin. Murray Insurance & Financial Services can help you save your family the potential chaos caused by poor Estate Planning. Whether you have a valid Will or have been looking for a more private way to transfer your assets, our qualified agents can discuss the alternatives available in each state, including:
- Retirement Plans & Universal Life Insurance
- Individual Retirement Accounts (IRAs)
- Gifting of Cash & Assets Before Death
- Grantor Trusts or Revocable Living Trusts
- Payable on Death Bank Accounts
- Term & Universal Life Insurance Policies
- Joint Tenancy Survivorship or Tenancy in Common
Probate is the public process of filing and validating your Will in court. All of your debts and taxes will be paid during probate and your assets will then be divided according to your Will and the appropriate State law. No matter the size of your estate, in Illinois, an independent administration process is required for probate. In Wisconsin, probate is not required if you have no debts or titled property (real estate, autos, etc.) to transfer. For Estate Planning in Chicago, Rockford or Milwaukee, call us at 888-817-2837.
