“Nancy always said baking is a science,” Randy Hallstrom says of his late wife. “Cooking you can do whatever you want, but baking? That’s a science.” After more than 30 years as a Home Economics/Family & Consumer Science teacher, Nancy would know! By that definition, estate planning might be more like baking than cooking. Deviating...
Seasons of Change: Estate Planning Updates
Summer is fading into fall here in Minnesota and that means the industrious squirrels are busy outside our office windows. On a well-worn path, our furry friends race up and down the walkway, their pace slowed only because of the black walnuts shoved into their tiny mouths. They are preparing for the winter to come....
Introducing Our Newest Team Member, Camry Fielders!
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] I am delighted to announce my arrival as an Estate Planning Attorney at Schromen Law, LLC. After nearly four years of practicing law in Minnesota, I arrive at Schromen Law with a strong foundation in estate planning, and I feel I have finally found an ideal firm to...
6 Reasons to Use Whole Life Insurance For Retirement Plans
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] When it comes to planning for retirement, many people focus on traditional vehicles such as 401(k)s, IRAs, and pensions. However, one often overlooked — yet highly beneficial — tool can be whole life insurance. We get asked about this a lot at Schromen Law, and while we certainly...
3 Questions to Ask a Potential Attorney
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Estate planning is a crucial process that ensures your assets are managed and distributed according to your wishes after you die. To navigate this complex legal journey effectively, hiring an experienced estate planning attorney is essential. Here are three key questions to ask when selecting the right attorney...
Secure Your Family’s Future: Estate Planning Tips for Young Parents
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Estate planning is often associated with older individuals or those with substantial wealth, but it is equally important for young families. Planning ahead can help to make sure your loved ones are provided for and your assets are managed according to your wishes. No one likes to think...
5 Estate Planning Tips After Buying a Home
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Owning a home symbolizes stability, security, accomplishment, and for many is a major life milestone! It also comes with a set of responsibilities, and that includes estate planning. Estate planning involves preparing for the management and distribution of your assets in the event of death or incapacitation. Now...
Faces of Our Client Community: Aaron & Sarah White
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] When Aaron and Sarah White boarded a flight for Florida recently, they had all the normal worries: Would the flight be on time? Did they have everything they needed in their carry-on? Would the weather cooperate? There was one thing they didn’t have to feel anxious about, though....
5 Traits to Look For in a Personal Representative
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Drafting a will is a significant step in ensuring your wishes are carried out after you’ve gone. However, a crucial step of this process is often overlooked: choosing the right person to serve as your personal representative. Your personal representative will be responsible for managing your estate, distributing...
Faces of Our Client Community: Nanci Kook
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] As the ages and stages of life changed for her grown children — now 43, 29, and 26 — Nanci knew it was time to update the estate plans she had made in 2017. Schromen Law, LLC was recommended by family members, and because the office was...