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Safely Storing and Sharing Passwords

Safely Storing and Sharing Passwords

[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...

How to Ask Your Parents If They Have an Estate Plan

How to Ask Your Parents If They Have an Estate 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...

What Happens to My Student Loans If I Die?

What Happens to My Student Loans If I Die?

[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...

Estate Planning: When You Have Children With Disabilities

Estate Planning: When You Have Children With Disabilities

[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...

Estate Planning Checklist for Newlyweds

Estate Planning Checklist for Newlyweds

[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...

Guest Article: Life Insurance: The Cost of Waiting by Celine Kitzenberg

Guest Article: Life Insurance: The Cost of Waiting by Celine Kitzenberg

[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...

Estate Planning Myths…Debunked!

Estate Planning Myths…Debunked!

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Estate planning is crucial to personal financial management, so it is astounding that a majority of Americans do not have an estate plan in place. Why do so many people avoid this important process in planning for their future? The impact of deciding to not create an estate...

Prenuptial Agreements and Family Owned Businesses

Prenuptial Agreements and Family Owned Businesses

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Prenuptial agreements are an important tool for individuals who are entering into a marriage and have assets they want to protect should the marriage end in divorce.  With many people entering into marriages later in life, they are oftentimes joining lives when one party, or both, have accumulated...

Godparents versus Guardians

Godparents versus Guardians

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Last week, my sister-in-law asked my husband and I to be the godparents of her soon-to-be-born daughter.  Of course, we ecstatically agreed!  We excitedly began discussing details surrounding the role we had just accepted – flying to California for the baptism, and future anticipated events – including her...

College Planning for Graduates: What You Should NOT Overlook

College Planning for Graduates: What You Should NOT Overlook

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] After finishing high school, many graduates are focusing on planning for college.  Such planning includes choosing classes, buying supplies and items for classes as well as their dorm room or apartment, and preparing to move away from home for the first time – sometimes even across the country. ...