During the initial stages of estate planning, one of the early questions you may face could be deciding between a will or a trust. Each person’s situation is unique, and your specific facts will determine the best course of action for you. It’s essential to note that estate planning is for all estates, so even…
In the past 2+ years of pandemic living, many of us got used to doing tasks for ourselves that we never would have considered before. Whether it was homeschooling your children, becoming a seasoned pro at baking sourdough, or giving your dog a haircut, closed businesses and difficult scheduling necessitated some new do-it-yourself hacks. For…
Schromen Law, LLC is a supporter/ally of the LGBTQ community. We put in the work to competently and consciously represent individuals/couples in this community, and we strive to be intentionally supportive of and sensitive to gender expressions. We are always thrilled to help LGBTQ individuals and/or couples with their estate planning needs — from pre-…
It’s a New Year, and for many people that means a time to regroup and reset. It’s a time to reflect on finances, health, habits and goals – and to visualize what you would like to accomplish in the upcoming year. Most common New Year’s goals include improving health, increasing exercise, and making better financial…
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 important and necessary conversation to start. “Hey,…
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 plan can result in significant court and…
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 primary residence in one state, and rental…
