[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] “In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin With this famous line written in 1789, Benjamin Franklin offered a friend some wisdom that has become one of his most-quoted quips. While some taxes are certain, Estate and Inheritance tax laws...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The idea of discussing your parent’s finances and estate planning can seem overwhelming and incredibly intimidating. After all, this is oftentimes the type of questions parents ask their children – not the other way around. However, as challenging as it can be to initiate this conversation, it is...
[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”] 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”] 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”] 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”] Schromen Law, LLC is excited to introduce legal intern, Joelle Beyer! Joelle is from a northern suburb of the Twin Cities, and graduated this spring from Winona State University with her Bachelor’s in Legal Studies, and minor in Women and Gender Studies. I was originally connected with Joelle...