Explaining Your Will to Heirs

While most parents choose to divide their assets equally among their children, others choose to leave more to one child than another. This unequal distribution leaves many children baffled and even disgruntled enough to challenge the will. Sometimes the situation may be explained by the fact that an equal amount
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A Durable Solution

If you were to become incapacitated and unable to handle matters on your own, the legal document known as a “durable power of attorney” gives a person of your choosing the power to manage your affairs. Although it might be unsettling to anticipate such a fate, it is important to
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Bad Things Can Happen to Good People

Even though they might greatly benefit from a bankruptcy filing, many individuals don’t consider it, insisting they are “not the type of person” who files for bankruptcy. This self-assessment may raise the question in the minds of some as to whether there actually is a personality “type” associated with bankruptcy.
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Parental Power-of-Attorney

Are you caring for another person’s child? Would you like your child to stay – short term or long term – with a friend or relative? There are times in our lives when we need help from, or offer help to, others in regard to child care. Perhaps an illness,
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Family Gatherings

One of the best things about this time of year is the family gatherings that occur over the holiday season. Not only is it a great time to see family and friends again and experience the joys of the season, it is also a good time to have serious discussions
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So You Got A Speeding Ticket

You’ve received a traffic ticket. Now what?  If you were ticketed by a sheriff’s deputy or the state patrol, your ticket will be handled by the district attorney’s office in that county and will show up on CCAP (Wisconsin’s Circuit Court Access Program) online. If you were ticketed by a
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Ways and Means

In order to qualify for Chapter 7 bankruptcy, which discharges most of a debtor’s unsecured debt (personal loans, credit cards, etc.), the debtor must pass a “means test.” This examination of a debtor’s financial records begins with a determination of the debtor’s current monthly income by adding his or her
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Transfer Your Assets

Many people have taken it upon themselves to hire an attorney to draft a revocable trust for them. The hope is that by drafting such a trust one of the benefits is to avoid probate upon death. The typical scenario is that the attorney will draft an unfunded trust and
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Tricks to Avoid Probate

If you have been reading this column you should realize that I am not a fan of probate. It is unnecessary and expensive, and can be avoided. Some of the ways to avoid probate are to add POD,  payable upon death, or TOD, transfer on death, to all of your
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Through the Generations

Does your family have that up north getaway that has been so special to your family? Wouldn’t it be a great idea to pass that vacation legacy to your children and your children’s children? Such planning can be done through proper estate planning. Consider forming a family LLC, Limited Liability
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