Goldman Funeral Group, Inc. |

Book of Memories™

Order a Book of Memories™ Memorial Website and share the memory. Learn More

Pre-arrangement

Pre-arrangement is a gift to your family, sparing them from hard decisions at an emotional time. Learn More

Administration of a Will

Wills are simple, inexpensive ways to address many estates. But they don't do it all. Here are some things that may not be accomplished in a will.

Named Beneficiaries for Certain Kinds of Property

A will can't be used to leave:

  • Property you held in joint tenancy with someone else. At death, the deceased's share will automatically belong to the surviving joint tenant(s). A will provision leaving the deceased's share to someone other than the surviving joint tenant, would have no effect unless all joint tenants died simultaneously.
  • Property that was transferred to a living trust.
  • Proceeds of a life insurance policy for which there is a named beneficiary.
  • Money in a pension plan, individual retirement account (IRA), 401(k) plan or other retirement plan.
  • Money in a payable-on-death bank account.
195 N. Buffalo Grove Rd. | Buffalo Grove, IL 60089 | Phone: (847) 478-1600 | Fax: | Email: info@goldmanfuneralgroup.com
8851 Skokie Boulevard | Skokie, IL 60077 | Phone: (847) 478-1600 | Fax: 847-478-1616 | Email: info@goldmanfuneralgroup.com