Andrew Szocka, P.C.

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In the United States, estate tax portability benefits married couples with larger estates. Though the concept of portability may seem complicated at first, understanding how to take advantage of it could save your family thousands on estate taxes. The Basics Read More….
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If you would like to start college savings plans for your children, now is the time to get started. You have a few options for where to place your money, including a 529 plan or a trust. What Is a Read More….
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When you own real estate, that ownership could affect your estate planning in unexpected ways. The legal method by which you have title to the real estate matters, as does how you plan to distribute the property in your plan. Read More….
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If you already have a will, you may think that you do not need more estate planning. Often, this is not the case. Additional estate planning can help you reach different goals and gain more peace of mind. Doesn’t Your Read More….
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As an Illinois resident, your estate could owe estate taxes to both the IRS and the state of Illinois if it has a large enough value. People who own highly valued real estate or who have significant assets should learn Read More….
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If you are thinking about making an estate plan, you might wonder if you really need a lawyer. You may have heard that you can download a will or trust from the Internet, sign it, and have an estate plan Read More….
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A pour-over will helps many people have peace of mind that after they are gone, their chosen relatives or friends will be protected. This popular and easy to create estate planning structure “pours over” all or some of your assets Read More….
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Aggressive litigation for lenders Whether you’re a creditor or a debtor, you hold protected rights under federal and state law. The Law Office of Andrew Szocka helps clients act on those rights and receive the proper justice. We serve clients entwined in Read More….
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Indeed, estate planning isn’t the most captivating field of law. Most people don’t want to consider the idea of passing away; it’s a difficult subject to address with one’s family as well. Still, estate planning is very important and will protect you Read More….
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Trustees in Illinois have certain duties and responsibilities specified by law. As a trustee, trust creator, or beneficiary, understanding a trustee’s job will help you better understand how trusts work. What Is a Trustee? A trustee manages and controls all Read More….
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You may have heard that some of the tax laws changed starting in January 2018, but you may not know how the changes will affect your estate plan. The Tax Cuts and Jobs Act made several key adjustments to the Read More….
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In Illinois, you can sign several different types of advance health care directives. These documents allow you to specify who could make decisions for you if you were incapacitated. The types of directives include a health care power of attorney, Read More….
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An Illinois revocable living trust can help you preserve assets and pass them down to relatives. This very popular estate planning structure is easy to set up with a lawyer’s help and easy to maintain during your lifetime. If you Read More….
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Do you remember when a “contract” subsisted of a gentleman’s pact sealed by a handshake and you were able to trust the promise of the separate party? If not, there’s no need to feel bad because this was never the Read More….
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If you have ever been divorced or considered divorce in Illinois, you may have heard of the term marital property. The Illinois marital property laws dictate how assets are divided up in a divorce, independent of how they would be Read More….
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