Every year, the third week of October is recognized by Congress as National Estate Planning Awareness Week. In 2025, it takes place October 20–26 – and it’s the perfect reminder that estate planning isn’t just for the wealthy or elderly. It’s something every adult should prioritize.
According to studies, more than half of Americans don’t have a will or estate plan. That means millions of families risk confusion, legal delays, and financial hardship if a loved one becomes incapacitated or passes away.
Estate planning is about much more than distributing assets – it’s about protecting your family, your wishes, and your peace of mind.
Why Estate Planning Awareness Week Matters
When Congress established National Estate Planning Awareness Week, it was to highlight an uncomfortable truth: most Americans are unprepared for life’s “what ifs.” Without a plan:
- Families face costly probate delays. Probate can take 6–12 months or longer in Illinois if disputes arise.
- Your wishes may not be honored. State intestacy laws determine who inherits your property, regardless of your preferences.
- Loved ones could face stress and conflict. Blended families and high-value estates often lead to disputes that strain relationships.
- Medical care decisions may be uncertain. Without powers of attorney and healthcare directives, your family may have no say in critical medical decisions.
National Estate Planning Awareness Week is about prevention and planning – encouraging you to take control before a crisis occurs.
What You Should Know About Estate Planning
- It’s not just about money. Your estate plan includes guardianship designations, healthcare decisions, and instructions for managing your digital assets.
- It’s not one-size-fits-all. A young parent may need a guardian named for minor children, while retirees may focus on tax planning and long-term care.
- It’s not permanent. Life changes – marriage, divorce, retirement, or new grandchildren – mean your plan should be reviewed regularly.
For a deeper dive, check out our article: October Is National Estate Planning Awareness Month.
What You Should Do Now
- Start with the essentials. At minimum, every adult should have a will, power of attorney, and healthcare directive.
- Consider your unique needs. If you’re over 55, your plan should also address long-term care, retirement accounts, and potential tax implications. Get our free guide: 5@55: 5 Estate Planning Documents For Everyone Over 55.
- Talk to your loved ones. An open conversation about your wishes now can prevent conflict later.
- Work with an experienced estate planning attorney. DIY forms often don’t account for Illinois probate laws or your family’s unique circumstances.
FAQs About Estate Planning
- Do I need an estate plan if I don’t own a home or have significant assets?
Yes. Estate planning isn’t just about property and money – it includes healthcare directives, powers of attorney, and guardianship for minor children. Every adult can benefit from having a plan. - What happens if I die without a will in Illinois?
If you pass away without a valid will, Illinois intestacy laws decide how your assets are distributed. This may not reflect your wishes and could lead to family disputes. - How often should I update my estate plan?
Experts recommend reviewing your plan every 3–5 years, or sooner if you experience a major life change such as marriage, divorce, a new child, or significant financial changes. - Can I use online estate planning forms instead of hiring a lawyer?
While online forms may be tempting, they often fail to address Illinois-specific probate laws or your unique family situation. An experienced estate planning attorney ensures your plan is valid and enforceable. - What’s the difference between a will and a trust?
A will goes into effect after death and typically requires probate. A trust can take effect while you’re alive and may help your family avoid probate, provide privacy, and offer more control over how assets are managed.
Don’t Wait Until It’s Too Late
Estate planning is one of the most important steps you can take to protect the people and causes you care about. National Estate Planning Awareness Week is your reminder to act.
At Estate & Probate Legal Group, we help families create personalized estate plans that provide peace of mind today and security for tomorrow.
📞 Call us at (630) 864-5835 to schedule a consultation and start building your plan today.
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5@55: 5 Estate Planning Documents for Everyone Over 55
Procrastination is the #1 estate planning pitfall
