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What about my disabled adult child if I become incapacitated or die?

Posted by Sivia Law on Jul 31, 2019 12:00:00 PM

 

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Topics: Estate Planning, special needs, guardianship, special needs planning

How to Plan for Life's Transitions

Posted by Sivia Law on Jul 24, 2019 12:00:00 PM

 

We all go through transitions in our lives. Most are unexpected, unless you plan properly. Some transitions tend to bring more joy into our lives; others bring us trouble. In either case, preparing for transitions can smooth our path into the future.
Our mission here at Sivia Law is to help our clients go through life's transitions with peace of mind. We have been blessed to have helped hundreds of families plan for the future.

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Topics: Elder Law, elder law lawyer, Estate Planning, Estate planning lawyer IL

Medicaid Q & A with Attorney Leonard Berg

Posted by Sivia Law on Jul 17, 2019 12:00:00 PM

Understanding the in's & out's of a Medicaid application, or just Medicaid in general, can be extremely exhaustive. Applying for Medicaid can be equally exhaustive. Below, Attorney Leonard Berg answers a few questions regarding Medicaid.

 

Q: My husband is applying for Medicaid to pay for his nursing home, why is there a penalty for the money I paid to my son to help us these past few years?

A: When one spouse applies for Medicaid to pay for long term care, both spouses must give all of their financial information. You can pay children to care for you, but if you do not treat them as employees and report their income to the government along the way, the State views those payments as gifts to the children, including step children. When gifts are made a "penalty period" is imposed, which basically requires you to privately pay during that time. We can help you properly structure caretaker contracts to permit proper credits to you and your children.

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Topics: Medicaid and Work Requirements, estate planning forms

5 Automation Mistakes: How to Avoid Them

Posted by Sivia Law on Jul 10, 2019 12:00:00 PM

 

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Topics: Automation

When Should I Fill Out a Prenuptial Agreement Form?

Posted by Sivia Law on Jul 3, 2019 12:00:00 PM

In a serious relationship? Recently Engaged? Whatever is making you think of wedded bliss, it’s important to remember the importance of a prenuptial agreement in certain situations. We’re in the middle of peak wedding season, which typically begins late Spring and runs through mid-Fall. So, there’s no better time than now to look into some reasons a Prenuptial Agreement form might be right for you love bird’s circumstances.

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Topics: estate planning forms, prenuptial agreement form

Estate Planning Forms to Keep Handy for the Future

Posted by Sivia Law on Jun 26, 2019 12:00:00 PM

Spare your loved ones the hassle and have peace of mind. What are some of the most important things you can do now? Here is a handy checklist of some things you can do & some of the Estate Planning forms you’ll need! Keeping these things together & readily available is one of the most important things you can do.

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Topics: Estate Planning, estate planning forms

Which Situations Can Real Estate Lawyers Help With?

Posted by Sivia Law on Jun 19, 2019 12:00:00 PM

 

 There are a few situations where it might be advisable to hire a Real Estate lawyer whether you’re purchasing residentially or commercially. Whether you’re buying or selling the property, seeking out the advice of a Real Estate Lawyer is always a safe bet.

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Topics: real estate lawyer

Why Estate Planning Forms Are So Important

Posted by Sivia Law on Jun 12, 2019 12:00:00 PM

 

 

Many decisions we make include: where to eat dinner, what shoes to buy or where to go on vacation; however, very few make decisions involving who will inherit their assets after they’re gone. Although this topic is one that isn’t usually talked about, it is the only way to choose who gets everything that you worked so hard for. A stereotype associated with estate planning is that it’s only for the rich, but this is not the case. Below, lists four reasons why everyone should have an estate plan.

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Topics: Estate Planning, Estate planning lawyer IL

Lead your Community with Giving | Business Law

Posted by Sivia Law on Jun 5, 2019 12:00:00 PM

A persistent misconception about philanthropists is that majority of them are wealthy global business leaders who made billions and decided along the way to give to charity as well. If you think about philanthropists and you look past the global captains of industry, more than likely you can also think of names in your local community. These philanthropists are not the billionaires -- they might not even be millionaires -- but they are business people who believe they and their businesses should have a more meaningful connection within their community in addition to making a profit. If you think a little more about philanthropy, you may find you would like to think of yourself in a similar vein as the people that spring to your mind. Practically anyone can be a philanthropist.

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Topics: Business Partner, Business Law attorney

A Unique Approach to Special Needs Planning

Posted by Sivia Law on May 29, 2019 12:00:00 PM

When a child turns 18, they are considered an adult. With this title comes the responsibility to make life decisions concerning their medical treatment, finances and life. These decisions require that a person be competent in order to understand what decision they are making and the possible outcomes or consequences of that decision. This newfound adulthood raises even more concern for those with children who have special needs. It can be tough to muddle through the waters of special needs planning.

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Topics: Special Needs Trust, special needs, guardianship, special needs planning

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