[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”] 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”] 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...
[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...
[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...
[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. ...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Evon M. Spangler, partner at Spangler & de Stefano, PLLP, is a business attorney in St. Paul, Minnesota. When I represent clients who are business owners in drafting their estate plan, they oftentimes need to work with a business attorney to ensure there is a succession plan for...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] With rapid advancements in technology, more “every day” things are being managed online, or through apps on cell phones. Bills may be received by email, and paid securely online. Documents can be stored in secure clouds or “online vaults.” It is important to make sure your loved ones...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Owning real estate in multiple states is a dream or goal for some, and a reality that others may have already achieved. This means an individual could have their primary residence in one state, and a vacation home, cabin or timeshare in another state. Or they may have...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] “First comes love, then comes marriage…” is an old adage that no longer rings true in today’s society. Couples who are in committed, long term relationships do not always marry, for a multitude of reasons. Perhaps one partner, or both, have been married before and do not wish...