Estate planning is even more important for same-sex couples than for married couples, as there are no benefits to same sex couples under the Illinois Intestacy Act. If you are in a same-sex relationship, you must have a will or trust naming your partner if you wish him or her to inherit any property from you.

A domestic partnership agreement can also serve as effective tool in planning your estate. Such agreements define the contractual rights of each partner. Among other things, you may decide whether property shall be owned jointly or separately, how income will be shared, and whether gifts or inheritances are held individually or jointly.

A domestic partnership agreement may also provide for the division of property and assets in the case of separation. You may decide ahead of time who should take possession of real property that you have bought together, or how such property shall be divided. A domestic partnership agreement may also offer dispute resolution options such as mediation or arbitration which can offer significant benefits over litigation of disputes.

Powers of attorney for health care and property given to your partner may assist him or her in carrying out your wishes should you ever require intensive medical treatment or be unable to manage your own property due to disability.

To arrange an appointment, please contact us online or call 312-427-9150.