Sivia Legal Services Blog

Top Reasons to Have a Living Trust

Posted by Sivia Law on Nov 28, 2018 11:45:00 AM

 

 

Have you have heard the old adage “Only two things that are certain in this life are death and taxes”? Naturally, both of these reasons are often cited as motive for using a Living Trust instead of a simple Will. However, the increase of the estate tax exemption allows most of us to avoid estate taxes. So, is avoiding the expense of probate worth the upfront costs associated with creating a trust? The simple answer is yes. But let me explain.

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Topics: Living Trust

It's Estate Planning Awareness Week! Get started today!

Posted by Sivia Law on Oct 16, 2018 10:04:00 AM

 

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!

1.) Gather important Documents & Contact Information - Property deeds, vehicle titles, official certificates (birth, marriage, etc.), etc. You need to gather & keep these in an easy to access location. 

2.) Execute a Last Will & Testament [Get started now]

3.) Complete Advance Directives or a Living Will - This would be your preference on treatment should you be incapacitated.Issues addressed include breathing tubes, feeding tubes, and other life-sustaining medical treatments.

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Topics: special needs, Will, Living Trust, estate tax, elder law, Estate Planning

New Year + New Laws = Outdated Estate Plan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

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