Sivia Legal Services Blog

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

Why "Back to School" Time is "Estate Planning" Time

Posted by Sivia Law on Aug 29, 2018 1:30:00 PM

A columnist for Forbes recently posted a story about the back to school shopping frenzy. Back to school shopping can generate huge revenues, like that of Christmas season, with all the necessary clothing and supplies that are needed. For me as an estate planning attorney, the back-to-school season signals an important reminder. Speaking to all parents: this is the perfect opportunity to see that your children are included in your estate plan. If they are not currently apart of your plan, this is time to talk to an estate planning attorney! Here are a few options to figure in children to a complete estate plan.

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Topics: attorney, estate planning, Estate planning lawyer IL

New Year + New Laws = Outdated Estate Plan

Posted by Todd W. Sivia on Jan 5, 2016 10:39:53 AM

Todd Sivia, Managing Partner, Sivia Business & Legal Services

 

As 2016 begins, we reflect upon the joys and challenges we faced throughout the past year. Unfortunately, many people overlook how these joys and challenges affect estate planning. Often, the events that shape our lives the most also influence how we would want to take care of our loved ones. For example, have you experienced changes such as these in 2015:

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Topics: Brighton lawyer, Living Trust, Special Needs Trust, St. Louis Law Firm, Uncategorized, Will, Edwardsville lawyer, Elder Law, Estate Planning, Estate planning lawyer IL, Illinois Law Firm, Sivia Business & Legal Services

Understanding Veteran's Benefits & Eligibility

Posted by Todd W. Sivia on Nov 13, 2015 1:53:24 PM
Todd Sivia
Managing Partner, Sivia Business & Legal Services

 

In honor of Veteran’s Day, I wanted to talk about benefits available to Veterans and their spouses. The federal government offers a variety of benefits to Vets and their families, but many Vets are unsure how to access such benefits or aware of the eligibility requirements.

There are several benefits available, including education and training, compensation, home loans, rehabilitation, life insurance and pension offerings for Veterans and their dependents. Each benefit has its own eligibility requirements.

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Topics: Brighton lawyer, St. Louis Law Firm, survivors pension, veterans benefits, Carlyle lawyer, Edwardsville lawyer, Elder Law, elder law lawyer, Estate Planning, Estate planning lawyer IL, Illinois Law Firm, VA lawyer

What is Probate?

Posted by Todd W. Sivia on Oct 27, 2015 11:30:44 AM
Todd Sivia
Managing Partner, Sivia Business & Legal Services

 

Probate process is often misunderstood. Probate is basically the process of administering the will of a deceased person. The process includes resolving any claims, paying remaining debts and the distribution of property.

It can also be costly and time consuming—and completely avoidable. 

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Topics: estate planning, Uncategorized, Edwardsville lawyer, Estate planning lawyer IL, estate tax, probate, Sivia Business & Legal Services

Is Deeding Property Protection Against Estate Tax?

Posted by Todd W. Sivia on Jun 30, 2015 12:49:03 PM
Todd Sivia
Managing Partner, Sivia Business & Legal Services

 

Estate Planning is a topic no one wants to think about. But, unfortunately, estate planning requires a lot of thinking and careful preparation. Often, a seemingly harmless act has catastrophic, rippling effects on other family members. For example, aging parents are looking for ways to protect their children’s inheritance from probate or estate taxes. Unfortunately, all to often parents are deeding their homes to their children, thinking it is a less expensive and easy way to transfer ownership. However, there are several reasons to avoid this alternative.

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Topics: attorney, Brighton lawyer, estate planning, real estate lawyer, Uncategorized, contract for deed, edwardsville business lawyer, Edwardsville lawyer, elder law, Estate planning lawyer IL, estate tax

Three Myths About Wills & Guns

Posted by Todd W. Sivia on May 18, 2015 12:01:47 PM
Todd Sivia
Managing Partner, Sivia Business & Legal Services

 

I have written estate plans for a lot of gun owners and I find that they are surprised to learn that transferring a gun is a lot different than willing other forms of personal property. Therefore, I feel it is important to address a few of the myths surrounding the passing down of firearms.

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Topics: attorney, Brighton lawyer, estate planning, St. Louis Law Firm, CCL, concealed carry in IL, Concealed weapons, Edwardsville lawyer, Elder Law, elder law, Estate Planning, Estate planning lawyer IL, FCCA, gun lawyer, Gun trust, gun trust, Highland lawyer, Illinois Law Firm, law, lawyer

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