Talking about funeral plans while you’re alive can seem a bit preemptive or like you are “jumping the gun.” It may even feel like you are somehow jinxing yourself by bringing up the topic! However, what it actually does is provide financial security to your family, allowing loved ones to properly grieve, and providing security...
September always feels like a month of reflection. The long days of summer wind down, children head back to school, and the air begins to carry a hint of fall. Change is everywhere, and with change often comes the reminder that life itself is cyclical. As an estate planning and elder law attorney, September often...
Both of my parents had severe dementia. Like many adult children, I supported them as they aged and needed increasing assistance and care. Watching my parents navigate these transitions, I found myself asking: “Does this mean I will also have dementia?” “Would my family be OK if something happened to me?” “Does my husband know...
As we welcome the new year, it’s an ideal time to give your estate plan a thorough checkup. Whether your goal is to protect loved ones, minimize taxes, or preserve your legacy, regular reviews can help you keep pace with life’s changes and ensure your wishes are upheld. Below are five key areas you’ll want...
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....
[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...
[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...
[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...
[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...
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Estate planning is a crucial step to securing your assets and the well-being of your loved ones. Unfortunately, several myths persist, preventing many individuals from recognizing the importance of estate planning. So, let’s dispel some of these myths and misconceptions while shedding some light on the importance of...