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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Pay Attention to Details

Part of the crucial decision making involved in the estate planning process is contained in the details.  It is important to communicate your specific wishes in your documents as it pertains to your individual situation.  For example, some considerations could be: to provide spendthrift provisions to limit distributions to certain
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Acting on Your Behalf

If you are away or otherwise engaged and want someone to take care of your affairs, a “power of attorney” is a legal document that you can utilize to give someone else the authority to take specific actions on your behalf, such as signing your checks to pay your bills
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Seniors Increasingly Turning to Bankruptcy

According to the Consumer Bankruptcy Project’s recent study, the rate at which individuals aged 65 years and older are filing for bankruptcy has more than tripled since 1991. As seniors’ reliance on old-fashioned pension plans shifts to voluntary 401(k)-type plans, and as Social Security and Medicare become more restrictive, seniors
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Tie the Knot Twice

The joy and excitement of finding that special someone for a second time in life and entering into a marriage can be quickly dampened by the realities of mixing your individual property together. Excited couples often come in with the idea of having a pre-nuptial agreement or attempting to mesh
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