Welcome to the Sivia Law May Newsletter, a monthly newsletter that discusses updates in the industry, news going on in the office, upcoming events and more.
Please note: With the recent updates in mask requirements, we are still offering various meeting formats to best serve our clients. If you have any questions, concerns or requests please let us know!
Treo Salon
At Treo salon the focus is you.
Treo works hard to provide you with an exceptional experience. Not only will you leave looking good, you leave feeling good. They become more than your stylist, they become your friend.
Choosing a stylist is a tough decision and not to be taken lightly (Change. I know, right?) but rest assured no one will care for you like Treo. Visit their website to learn more!
Jill O'Connell
This month, the spotlight is on one of our newest team members, Chief Operations Officer Jill O'Connell. Since joining our firm, she has taken strong initiative and has been thriving within her leadership role.
Read more about Jill & her many qualifications here! We are so lucky to have her on the Sivia Law team.
Q: Is The Equal Division of Assets & Fair Division The Same Thing?
A: If you make the choice to divide your estate how you see fit, opposed to equal, there are some things to keep in mind: Are any of your children financially irresponsible? Are any of your children mentally ill or disabled who will need provisions for medical or living expenses? The fair division of your estate will require both the current situation and past support to be taken into account. This is where you decide if you want your assets to be allocated equitably or equally.
Consequently, equal inheritance means that each child gets an equal part of the estate, this works best when each child has similar needs. This may be ideal if the parent has provided equal support to all children in the past, all children are financially responsible, and all children are emotionally and mentally capable. A benefit of equal inheritance is the avoidance of any disputes or conflicts. In order to make the best decision for your family, it is recommended that you seek help from a legal professional.
There are a multitude of ways to effectively store important documents. It’s a good idea to use a fireproof safe or password-protected electronic file for documents such as bank and investment statements, tax documents, estate-planning documents, pay stubs, and pension information.
Learn about how long to keep different kinds of documents in our blog!
Guardianships protect people with special needs by allowing their guardians to make financial, legal, and logistical decisions for them. Illinois law permits several different types of adult guardianships.
Read our blog to learn more about these different options for guardianship in Illinois!
An estate plan is beneficial for people of all ages, but as we age, the need for planning becomes even more crucial. Estate planning is often avoided by so many people because they do not want to think about the end of life, failing health, or disability.
Our blog has some recommendations of which estate planning documents you should have.
Hiring an employee is a big decision. A bad hire can cause your business to lose money and time. That’s why it’s so important to hire the right person. This article will teach you everything you need to know about hiring, firing, and dealing with legalities in the workplace.
From understanding what kind of benefits your new employees need, to what kinds of rules they should follow, this article will get you ready for managing an entire team of people.
For additional resources and legal information, join the Sivia Law Facebook group by clicking the button below.
Join us next month for our "June" issue of the Sivia Law Monthly Newsletter!
If you need help with estate planning or any other legal concerns, we are here for you. Don't hesitate to contact our firm directly for assistance. Our dedicated team is ready to provide support and guidance to you and your loved ones during important life transitions.
Whether you're ready to schedule a strategy session to discuss your specific needs or if you're interested in exploring our wide range of complimentary guides and additional resources, we encourage you to get in touch with us.
With licensed attorneys and offices located in both Illinois and Missouri, we are well-equipped to serve clients in these regions. Reach out to us today and let us leverage our expertise and care to guide you through the legal process.
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