[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The manner in which you own shared property in Minnesota may impact your estate planning goals. It is important to know how your shared property is owned, and what that means in terms of what will happen with your interest should you die. Two common ways to own...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] More often than not, we discuss retirement as a time of relaxation and enjoying the fruits of our labor. We work towards these “Golden Years” and count down the days until we can retire. However, for many individuals, retirement brings unanticipated challenges and emotions. Most everyone prepares for...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] With more transactions taking place, and accounts being managed, online – it has become increasingly important for individuals to do at least some element of digital asset planning as part of their estate plan. Perhaps the most basic level of this type of planning includes having a plan...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Bringing up the topic of estate planning with parents is something that many people avoid. It is an awkward, seemingly morbid, conversation to start with aging parents. You may fear your parents will feel you are invading their privacy, or assessing your inheritance prematurely. However, it is an incredibly...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] On occasion, Schromen Law, LLC features guest bloggers to write on outside topics. In my practice, I am fortunate to represent many parents, including many expecting and new Moms. Norah Hibbits, owner of Baby Boot Camp, works with new and expecting Moms get out and get active post-baby....
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] With the soaring cost of higher education, and the increased amount of people requiring loans to meet high tuition costs, it is very important to be informed and aware of the stipulations regarding loan repayment. While not many want to think of their mortality, awareness surrounding their student...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Planning for your child begins early, and carries on throughout their life. For parents of a child with a disability, the degree of planning and preparation needed increases. Creating an estate plan tailored to the needs of your child could not only provide security and peace of mind...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] So, you’re married! You have found the one you wish to have and to hold, you are freshly relaxed from your honeymoon, and now you’re wondering “What’s next?” Schromen Law, LLC would advise that it is the perfect time to set up an appointment to update or create...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Many people agree with the saying that dogs are man’s (and woman’s) best friend. Our pups become full-fledged members of our families, and may even be treated like our children. So, just like there is custody and mediation regarding children when a couple is going through a separation...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] It is not uncommon that I meet with a client who does not have life insurance in place, but plans to obtain life insurance “down the road” – whether it be when they are done having children, or feel they are in a better place to budget for...