Legal Question in Wills and Trusts in Illinois

Re: what next?

Lots of issues there...I'd meet with a good lawyer fairly soon. On the house I'd want to know what was done with it in the divorce judgment? If you own it in joint tenancy then likely it does just go to you but I need more info. What's the plan with custody of the kids? IRAs likely depend on if there's a named beneficiary or not. If yes, they just go to that person. If no will, there's something called the Intestate Statute as to how property gets divided but you wouldn't get anything as a former spouse.

How about a life insurance policy? Typically each party in a divorce has to get one in their names for the kids.