No, but like many things in life, it’s better to have and not need, than need and not have. One distinct advantage a will possesses is that it allows the grantor the ability to select an “executor” and waive the necessity to post surety on their bond. This one advantage can safe the estate considerable expense alone, and there are many others. Wills are generally inexpensive documents that allow you to ensure bequests (whether valuable or not) are given specifically or used to exclude individuals according to your wishes. In some cases individuals die where only a Small Estate Affidavit is needed for administration due to the size of their estate. Still others are able to transfer their assets through use of Joint Tennancy rules, or use of Trusts. A word of caution, while it is possible to write one’s own will, Illinois does not recognize “holographic” wills. Even form wills must be carefully witnessed. Trust a professional that cares. Most attorneys, including myself, will gladly offer you free consultation, and if a will is needed or not, they’ll advise likewise.
