Someone
close to you has passed away and you believe you are the executor of the
estate. What do you do?
First things first.
It is disrespectful to go running for the will after the loved one has
expired, unless it is to find out what his or her wishes were for the
funeral. Hopefully, people who have made arrangements for themselves or
have particular wishes about their remains have let their loved ones know
what those wishes are. One of the worst things that can happen in a family
is a disagreement on any of these details after someone has passed away.
If there is any question or doubt as to what the wishes of the deceased
were, finding the will or pre-paid burial plan can be the answer.
After
the person has been laid to rest, it will eventually become time to deal
with the financial and legal realities of that fact. In most cases, the
surviving spouse or next of kin are in a state of shock for a period of
time after the passing. That is not a good time to be making important
financial decisions, and in most cases a few weeks of delay will cause
no harm.
When
it is time to start addressing those issues, the family should locate
the original will or trust documents and contact their attorney. The law
in Illinois states that a will must be filed within 30 days. There is
no real penalty for failing to comply, and I have filed numerous wills
decades after the passing. |