Even a relatively amicable divorce is never completely free of contention, but conflict is often exacerbated when valuable assets and considerable sums of money are at stake. High-income couples in Wisconsin face unique hurdles that require careful planning and expert...
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Milwaukee Family, Elder And Estate Law Blog
What to know about Title 19 Medicaid eligibility
Your potential need for long-term care is significant. In fact, studies have shown that those age 65 and older have a 70% chance of needing some sort of long-term care. And the costs of this care can be crushing. Even the most basic long-term care can cost tens of...
Dividing a business in a Wisconsin divorce
Dividing marital assets in a Wisconsin divorce is often complex. When a business is involved, the process can become even more complicated. Wisconsin law requires that all marital property be divided equitably, or fairly. The law starts with the presumption that an...
Medicaid and long-term care planning
According to some studies, about 16% of Americans are 65 or older. The average life expectancy of Wisconsin residents is currently just under 80 years. Many Wisconsinites are living much longer than that, and many of them are in relatively good health. But, generally...
5 reasons to avoid probate
Probate can be a daunting process that many people seek to avoid. Here in Wisconsin, there are several good reasons to steer clear of probate when planning your estate. Let's explore five key reasons why you should consider avoiding probate. 1. Probate is...
How can you defend against a child custody modification request?
Even if your divorce has been finalized for a while, you can suddenly and unexpectedly find yourself on the defensive when your child’s other parent files a motion to modify custody. The stakes are high when this happens, as a modification could reduce the amount of...
Factors Wisconsin courts consider to determine child custody
Many couples who are getting divorce or separated have a hard time agreeing on child custody arrangements. Parents may want to spend as much time with their child as possible, even if that time is at the expense of the child’s other parent. How is custody determined...
Can you retain control over your estate even after you’re gone?
As much as the estate planning process is about figuring out how to distribute your assets once you pass away, it’s also about control. If you don’t take charge of your estate planning, after all, your assets will be distributed in accordance with state law. In many...
Careful planning necessary when elderly parent moves in with you
The extreme cost of long-term care for your parents has you and your family thinking. Maybe moving them into an assisted living facility is not the best idea. Other options exist, and you are seriously considering having them move into your home. But, if you choose...
Five risks of do-it-yourself estate planning
There are a lot of misconceptions about the estate planning process. Perhaps the biggest is that most people don’t need an estate plan or that a basic estate plan will fit their needs. This point-of-view drives a lot of people to attempt estate planning on their own....