Chicago, Illinois: Metz + Jones is helping clients who remain single, particularly members of the LGBT community, implement an estate plan. Metz + Jones advises single clients on the importance of estate planning, particularly if they don’t have a current partner or children.
If a will isn’t in place, intestate succession ensues. This means the assets of the deceased are divided according to a formula based on state law. In intestate succession, the closest relative receives all assets. If there is no living relative, the whole estate goes to the state.
Because of this situation, Metz + Jones implores clients to put a will in place, even if clients feel they don’t need one. It allows for the distribution of assets the way the client sees fit, whether it’s to close family, friends or other beneficiaries.
Other benefits of estate planning allow for incapacity planning. An authorized Power of Attorney will be named and assigned medical duties as it pertains to the individual. This alleviates the hassle of looking for next of kin, who may be difficult to locate.
For more information on single estate planning or to schedule an appointment, visit the website at Metz + Jones or call 1-773-878-4480.
About Metz + Jones: Metz + Jones law firm was founded by Attorney Jill Metz more than 35 years ago. Since that time, the firm has worked vigorously to establish and change laws for the LBGT community. This is the resolve taken decades ago, to advocate for people of the community who otherwise would not have a voice. Metz + Jones remains on the cutting-edge of lesbian, gay, bisexual and transgender rights.
Company: Metz + Jones
Address: 5443 North Broadway # 2-North
City: Chicago
State: IL
Zip code: 60640
Telephone number: 1-773-878-4480
Fax number: 1-773-878-5590