The biggest reason is that, without one the state acts on a default will it has created. Most of the time that default will gives half of your assets to your spouse and half to your kids. If you want to change that, you need to get a will of your own.

FIRST, you need to tell someone you trust what your wishes are. THEN you need to appoint them as vour agent under a power of attorney for healthcare. This all needs to happen berore an iness or accident renders vou unable to communicate, of course.

FOR MOST PEOPLE, RELYING ON SAVINGS ISN'T GOING TO CUT IT. An elder law attorney can help you review all your options, like veteran benefits, Medicaid and Medicare, and stay on the right side of the law when using these benefits.

A WILL distributes your assets o that you don't hold in joint tenancy, don't contain a beneficiary and are not held in trust. In Illinois, you may have to go to probate court to administer some assets. 

A TRUST is like a bowl of candy in which the candy represents the assets placed in the trust. The trust contains instructions on who can the eat the candy and when, all without having to go to probate court.

IT ALL DEPENDS ON WHO OWNS IT. If you own your home in joint tenancy with your spouse, they'll inherit it automatically. If you own it in tenancy-in-common, potentially with a sibling or other family member, your will distributes your share of the house after going to probate court. If a trust owns the house, the trust will have instructions on who it will go to. Your elder law or estate planning attorney can help you answer these questions (and all the others).

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